Nokia Oyj, the world’s biggest maker of mobile phones by volumes, will cut about 1,100 to 1,200 jobs at its factory in Salo, Finland, newspaper Helsingin Sanomat reported today, citing “several” sources it didn’t identify.
Walt Disney Co. has acquired Finnish game developer Rocket Pack, newspaper Helsingin Sanomat reported, citing Disney spokesman Matthew Grossman. Rocket Pack develops games that work within Internet browsers, the Helsinki-based newspaper said. The companies didn’t disclose the purchase price, the newspaper said.
Microsoft Corp. completed the takeover of Nokia Oyj’s phone business, ending a seven-month wait to renew its assault on the mobile market and leaving the Finnish company seeking growth in wireless networks.