Technology Development

Microsoft which was rumored to be tabling a bid for the ailing mobile vendor Nokia is no more in the forefront, as the focus is now on Samsung Company. Samsung is now been regarded as the most potential buyer of the Nokia company. It has been reported that Samsung is now preparing to acquire the Nokia Company.

Both companies Nokia and Samsung when approached for the comments refused to comment on the topic saying that they prefer not commenting on rumors. Nokia did not categorically rule out an acquisition by Microsoft but moved to state that Murtazin was “getting obviously less accurate with every passing moment” recently there have been many speculative tweets of industry insider Eldar Murtazin but Reports of a Samsung takeover by the WSJ may hold more weight that these tweets, although the pundit has successfully predicted acquisitions and partnerships in the past.

In an attempt to streamline operations Nokia has recently laid off 7,000 of its staff. The company is now working on readying Windows Phone devices to release in the fourth quarter of 2011. If Samsung was to acquire the stricken manufacturer, in addition to the success of its Android offerings it would position the company as the top Windows Phone provider.