Nokia boss pours scorn on Microsoft buyout rumours

Nokia boss Stephen Elop has poured scorn on the idea that Microsoft might want to buy his company out following the smartphone OS partnership announced last month.

Elop, who joined Nokia from Microsoft, said he could see no good reason for Microsoft wanting to buy Nokia as any such deal would cause massive upheaval.

“I’m not aware of a strategic interest that Microsoft would have in the rest of the business,” Elop said.

“To the extent that a partnership has been formed around what they’re really interested in, then what would an acquisition bring other than a good year of anti-trust investigation, huge turmoil and delays?”

According to Elop, such a situation would derail the process of developing the first products of the partnership, a smartphone that he said was already on the drawing board.

“We right now, today, have people working on the first Windows Phone devices from Nokia,” he said. “That work is already under way. If this was an acquisition scenario, that wouldn’t be possible.”

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