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Acquisition Nokia's Smartphone Division by Microsoft Still Possible?

After various claims that leading executives of Microsoft and Nokia met in Las Vegas to finalise the deal, rumours that Microsoft is acquiring Nokia's smartphone division have resurfaced and received a strong boost.

According to international phone reviewer, Eldar Murtazin, Andy Lees and Steve Ballmer of Microsoft and Kai Oistamo and Stephen Elop of Nokia are all set to transfer the smartphone division to be managed under a Microsoft led name and not under the name Nokia.

In a blog post, the reviewer commented, "Steve Balmer, Andy Lees and Stephen Elop, Kai Ostamo [sic] will meet in Las Vegas to finalize agreement about Nokia smartphone unit. Bye Nokia" as reported by Slash Gear.

According to reports, finalising this deal is entirely in the hands of Microsoft who seems to be confused as to whether to take on an in-house production or not. However, the patent portfolio of Nokia seems irresistible. Nokia, on the hand, is denying all reports and claims they are just partners on Windows Phone and nothing else.

But, it has to be noted that the deal of between Nokia and Microsoft is very different from the deal between Microsoft and other manufacturers like Samsung and HTC.