Nokia Corporation, stylised as NOKIA, is a Finnishmultinational communications andinformation technology company, founded in 1865. Nokia is headquartered in Espoo,Uusimaa, in the greater Helsinki metropolitan area.In 2014, Nokia employed 61,656 people across 120 countries, did business in more than 150 countries and reported annual revenues of around €12.73 billion.Nokia is apublic limited-liability company listed on theHelsinki Stock Exchange and New York Stock Exchange.It is the world's 274th-largest company measured by 2013 revenues according to the Fortune Global 500.The company is a component of the Euro Stoxx 50stock market index.
The company has had various industries in its 151-year history, originally founded as a pulp mill, and currently focuses on large-scaletelecommunications infrastructures, and technology development and licensing.Nokia is also a major contributor to themobile telephony industry, having assisted in development of the GSM and LTE standards, and was, for a period, the largest vendor ofmobile phones in the world. Nokia's dominance also extended into thesmartphone industry through its Symbianplatform, but was soon overshadowed by competitors. Nokia eventually entered into a pact with Microsoft in 2011 to exclusively use its Windows Phone platform on future smartphones. Its mobile phone business was eventually bought by Microsoft in an overall deal totaling $7.17 billion.Stephen Elop, Nokia's former CEO, and several other executives joined the new Microsoft Mobilesubsidiary of Microsoft as part of the deal, which was completed on 25 April 2014.
Since the sale of its mobile phone business, Nokia began to focus more extensively on its telecommunications infrastructure business, marked by the divestiture of its Here Mapsdivision, its foray in virtual reality, and the acquisitions of French telecommunications company Alcatel-Lucent and digital health maker Withings in 2016.From late 2016, Nokia's name will return to the mobile phone market through HMD global
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