- Jul 28, 2013
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A movement called Nokita intends to tackle Microsoft and place a competing bid for Nokia’s handset division, claiming the division would be WORTH more than 4 times the 5.4 billion Euro (what Microsoft is paying for it) in three years time should they take a more pragmatic approach. The video below is a pitch from Nokita which is trying to save Nokia D&S unit from being consumed by Microsoft. Nokita as we have learned is the Finnish word used in poker to raise a bet.
They intend to take 25% of the smartphone market by selling both Android, Linux and Windows Phones, and by creating phones which are fun, educational and safe. They want to turn Nokia around with a Nokia dream team. They're planning to raise 8 billion euros for the bid: 5.5 – 6 billion EUR + 2 billion EUR for transition costs. They are looking for accredited investors who can chip in from 5 million to 5 billion
Nokita Pitch - YouTube
Source: NOKITA Pitch via My Nokia Blog
They intend to take 25% of the smartphone market by selling both Android, Linux and Windows Phones, and by creating phones which are fun, educational and safe. They want to turn Nokia around with a Nokia dream team. They're planning to raise 8 billion euros for the bid: 5.5 – 6 billion EUR + 2 billion EUR for transition costs. They are looking for accredited investors who can chip in from 5 million to 5 billion
Nokita Pitch - YouTube
Source: NOKITA Pitch via My Nokia Blog
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