Microsoft-Nokia deal is one step closer to completion now the US DOJ has given its blessing

Microsoft-Nokia deal is one step closer to completion now the US DOJ has given its blessing

The Department of Justice is clearing the way to allow the deal between Microsoft and Nokia to go ahead, according to a recent Federal Trade Commission (FTC) filing published today.

The Federal Trade Commission’s Bureau of Competition notice simply confirms that the Department of Justice is happy for the Microsoft’s acquisition of Nokia’s mobile devices and services to continue as planned, pending other hurdles.

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In a statement sent to ZDNet, Microsoft said:

We look forward to the date when our partners at Nokia will become members of the Microsoft family, and are pleased that the Department of Justice has cleared the deal unconditionally

The deal, which was announced in September, is worth around $7.2 billion and is still expected to close in the first quarter of 2014, pending any other potential regulatory roadblocks. The EU’s decision on whether to allow it to go ahead is due by December 4.

Featured Image Credit – Getty Images 

 

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