Key Developments: Microsoft Corp (MSFT.O)

MSFT.O on Nasdaq

22 Jul 2014
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Latest Key Developments (Source: Significant Developments)

Microsoft announces steps to simplify organization and align devices strategy and gives charge guidance for next four quarters
Thursday, 17 Jul 2014 08:33am EDT 

Microsoft Corp:Says restructuring plan to simplify its operations and align the recently acquired Nokia Devices and Services business with the company's overall strategy.These steps will result in the elimination of up to 18,000 positions over the next year.Of the total, about 12,500 professional and factory positions will be eliminated through synergies and strategic alignment of the Nokia Devices and Services business acquired by Microsoft on April 25.Expects to incur pre-tax charges of $1.1 to $1.6 bln over the next four quarters, including $750 to $800 mln for severance and related benefit costs, and $350 to $800 mln of asset-related charges.  Full Article

Microsoft Corp declares quarterly dividend
Tuesday, 10 Jun 2014 07:46pm EDT 

Microsoft Corp:Says that its board declared quarterly dividend of $0.28 per share.Dividend is payable Sept. 11, to shareholders of record on Aug. 21.Ex-dividend date will be Aug. 19.  Full Article

AOL Inc and Microsoft team up to offer content
Friday, 25 Apr 2014 08:15am EDT 

AOL Inc:Signed a video distribution deal with Microsoft.AOL brands like HuffPost Live, TechCrunch and Moviefone, as well as partner sites including ESPN, TMZ, Rachel Ray and Martha Stewart will be available on MSN and Bing Apps for Windows and Windows Phone.  Full Article

Nokia Oyj completes sale of its business to Microsoft
Friday, 25 Apr 2014 06:56am EDT 

Nokia Oyj:Completes sale of substantially all of its Devices & Services business to Microsoft.Transaction, which also includes an agreement to license patents to Microsoft, was originally announced on Sept 3, 2013.As earlier communicated, the transaction was subject to potential purchase price adjustments.Estimate of adjustments made for net working capital and cash earnings was slightly positive for Nokia.Expect total transaction price to be slightly higher than the earlier-announced transaction price of 5.44 bln euros after the final adjustments are made based on the verified closing balance sheet.  Full Article

Nokia Oyj expects the sale of substantially all of its Devices & Services business to Microsoft Corp to close on April 25
Monday, 21 Apr 2014 09:54am EDT 

Nokia Oyj:Expects the transaction whereby the company will sell substantially all of its Devices & Services business to Microsoft Corp to close on April 25.The transaction is now subject only to certain customary closing conditions.  Full Article

21Vianet Group Inc announces general availability of Microsoft Corp's Office 365 Services throughout China
Tuesday, 15 Apr 2014 08:00am EDT 

21Vianet Group Inc:Says Microsoft Corp's Office 365 services are now generally available to all paying customers in China.Operated by 21Vianet, Microsoft Office 365 can now provide fully-operational services to all paying customers in China.  Full Article

Microsoft and Pacific Controls Cloud Services jointly unveil new portal to offer software as service
Tuesday, 15 Apr 2014 07:57am EDT 

Microsoft Gulf:Microsoft Gulf partnership with Pacific Controls Cloud Services.To offer software as service.  Full Article

Nokia Oyj updates on sale of business to Microsoft
Tuesday, 8 Apr 2014 02:59am EDT 

Nokia Oyj:Receives regulatory approval from the Ministry of Commerce of the People's Republic of China to sell substantially all of its Devices & Services business to Microsoft.Continues to expect the transaction to close during April 2014.  Full Article

Ooyala and Microsoft Corp team to deliver multi-screen digital TV services for broadcasters and operators
Monday, 31 Mar 2014 12:30am EDT 

Microsoft Corp:Ooyala announced a strategic relationship with Microsoft Corp.To help develop, promote and accelerate the deployment of IP video services utilizing Microsoft Azure Media Services in conjunction with Ooyala's SaaS-based video distribution, analytics and monetization technology.Ooyala also formed a global sales and marketing alliance with Microsoft, which is designed to drive standardization of new personalized TV services for broadcasters and operators around the world.  Full Article

CompuGroup Medical AG and Microsoft Corp focus on mobile applications in Healthcare together
Friday, 28 Mar 2014 06:25am EDT 

CompuGroup Medical AG:Announces that it entered into strategic cooperation with Microsoft Corp.In a mutual action plan, both Microsoft and CGM are investing in mobile services for better communication between doctors and patients based on CGM LIFE eSERVICES and Windows 8.1.In the scope of the cooperation, mobile applications, such as the patient App "myDoktor", or mobile appointment booking apps for doctors will be developed for the Windows 8.1 platform.  Full Article


Microsoft sees end to Nokia losses, shares rise after hours

SEATTLE - Microsoft Corp said it aims to get its loss-making Nokia phone unit to break even within two years, helping its stock rise in after-hours trade.

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