Nokia and Microsoft today signed a definitive agreement on a partnership that will result in a new global mobile ecosystem, utilizing the very complementary assets of both companies. Completed ahead of schedule, the definitive agreement is consistent with the joint announcement made on February 11.
The press release also talks about how Microsoft will be receiving royalty payments from Nokia starting from when the first Nokia WP ship, as well as Microsoft paying Nokia "billions of dollars" in recognition of Nokia’s intellectual properties and contributions to the WP ecosystem.
According to the official press release, the partnership involves:
- Nokia to deliver mapping, navigation, and certain location-based services to the Windows Phone ecosystem. Nokia will build innovation on top of the WP platform in areas such as imaging, while contributing expertise on hardware design and language support, and helping to drive the development of the WP platform. Microsoft will provide Bing search services across the Nokia device portfolio as well as contributing strength in productivity, advertising, gaming, social media and a variety of other services. The combination of navigation with advertising and search will enable better monetization of Nokia’s navigation assets and completely new forms of advertising revenue.
- Joint developer outreach and app sourcing, to support the creation of new local and global apps, including making WP developer registration free for all Nokia developers.
- Opening a new Nokia-branded global app store that leverages the Windows Marketplace infrastructure. Developers will be able to publish and distribute apps through a single developer portal to hundreds of millions of consumers that use Windows Phone, Symbian and Series 40 devices.
- Contribution of Nokia's expertise in operator billing to ensure participants in the WP ecosystem can take advantage of Nokia's billing agreements with 112 operators in 36 markets.
[Source: Microsoft Press]