Microsoft announced big news for itself on Tuesday. Not only is itFinnish phone maker Nokia's device and services division, but as part of the deal it's also building a massive global data center in Finland.
According to Microsoft, the company is investing more than $250 million in capital and operation of the data center, which is intended to serve the company's European customers.Microsoft has another European data center in Ireland and is also expanding in other regions around the world such as Australia and Southeast Asia, according to Data Center Knowledge.
Along withfor $7.2 billion, Microsoft also said on Tuesday that it was eyeing Nokia CEO Stephen Elop as to Microsoft CEO Steve Ballmer. Ballmer recently announced that he within the next 12 months. Before joining Nokia, Elop led Microsoft's Microsoft Office division for years.
Microsoft isn't the first US tech company to plant a data center in the Nordic region. Google already has a data center in Finland and Facebookin nearby Sweden.