Are Nokia Selling Off Non-Windows Assets in Cash Run


Are Nokia Selling Off Non-Windows Assets in Cash Run
Finnish Handset maker selling off certain divisions.
So, Digia just acquired Qt software technologies and Qt business from Nokia, meaning the latter just took its hands off the associated product development, commercial and open-source licensing and service business. But why...

Meanwhile, the plot thickens as mobile technologies firm Vringo is snapping up 500 wireless patents from Nokia for $22 million plus a share of the future fees the patents generate. This wireless portfolio spans cellular infrastructure technologies, including communication management, data and signal transmission, mobility management, radio resources management and services.

Pretty pricey. Maybe Nokia IS in need of the cash...

Michael Disabato, managing vice president of network and telecom at Gartner, believes it's obvious that Nokia needs cash! With that in mind, anything related to Symbian is likely to be on the chopping block as Nokia focuses on Windows phones.

But will Windows phones save Nokia? What do you guys reckon?

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