Microsoft will soon have its smartphone business.
The Redmond, Wash., software giant is set to win unconditional regulatory approval from the European Union, according to Reuters, which cited people familiar with the matter.
The deal is virtually done, with Nokia shareholders having already given it their okay earlier this week. Microsoft is also set to take over Nokia's headquarters in Espoo, Finland.
The $7.3 billion deal would nab Microsoft the phone (and now tablet) business of Nokia, while the networks business would remain independent. With Nokia, Microsoft will have its own in-house devices division to build Windows Phone … Read more