Microsoft to Purchase Nokia? No Good Reason According to Nokia CEO Elop

"Work has begun on the first Nokia smartphones based on Microsoft software following the partnership announced by the companies last month, Nokia Chief Executive Stephen Elop told Reuters.  Elop was recruited last year to rescue Nokia from increasing irrelevance at the high end of the market, and is under huge pressure to produce results from the partnership.  Elop, who left a Microsoft executive post to join Nokia last September, also said he could see no good reason for the speculation that Microsoft might try to buy Nokia."

Elop went on to state that the partnership between the companies already gives Microsoft all it needs from Nokia.  And if Microsoft purchased Nokia, they would open themselves up to unwanted anti-trust investigations, without an added benefit to make it worth the trouble.

He also went on to state that because of the partnership, Nokia is already able to start work on Windows Phone devices.  While if there was an acquisition, such a swift start would not be possible.