Samsung has denied reports it is interested in acquiring Nokia among what can only be said is another set of rumors that ailing Nokia is looking for a sale. In a brief statement, Samsung denied having any plans to buy the Finnish giant:
“Such reports are purely speculative and are not true.”
The only real bonus with this story is the 6% bump Nokia’s shares received when rumors arose last Friday.
The question I’m asking is — what would Samsung really stand to gain from a Nokia acquisition? Talent? Patents? Patents may be the real benefit given the mounting legal troubles with Apple, but would Nokia have anything that Samsung really needs in the hardware department? I don’t think so.