The Register reports that late last year Microsoft was given a look at Nokia's books because Microsoft wanted to see which parts of Nokia might be worth buying. But Microsoft was not impressed, the Register says, and so made no bid.
But things have changed since then. Nokia is in such bad financial shape that it could run out of cash, says Reuters. On May 18 the news service reported:
Why might Microsoft buy Nokia now when it declined to do so after getting a look at the company's books late last year? Nokia is clearly in worse shape than it was back then, and Microsoft simply can't afford a severely weakened Nokia. The future of Windows Phone rests as much with Nokia as it does with Microsoft. Without Nokia, Windows Phone will be nearly dead.
Rumors have Samsung interested in buying Nokia, although Samsung has denied them. If Nokia is bought by a competitor, Microsoft can't count on the buyer being as committed to Windows Phone as Nokia was.
I'm not sure that Microsoft wants to buy Nokia. But given the circumstances, it may be forced to.
This story, "Will Microsoft Be Forced to Buy Nokia?" was originally published by Computerworld.