Tom
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EV (s)
Embattled mobile phone firm Nokia has signed up to a "broad strategic partnership" with Microsoft in an effort to rebuild its fortunes.
Stephen Elop, Nokia's recently appointed chief executive, said Nokia will use Windows Mobile 7 as its primary smartphone platform. Elop has also shaken up the senior management team, having warned staff this week that the company was standing on a "burning platform".
"Nokia is at a critical juncture, where significant change is necessary and inevitable in our journey forward," said Elop, as he announced the company's new direction.
"Today, we are accelerating that change through a new path, aimed at regaining our smartphone leadership."
Under the plan, Nokia said it would use its expertise in hardware design, imaging and mapping to improve the Windows Mobile platform. The two companies will work together on marketing, and develop a common roadmap. Bing, Microsoft's search service, will be integrated into Nokia devices.
SOURCE http://www.guardian.co.uk/business/2011/feb/11/nokia-microsoft-sign-strategic-tieup