28. Microsoft Corp (Feature Phone Business)

Headquarters: Redmond, Washington
Bought By: FIH Mobile Ltd, HMD Global
Headquarters: Tucheng District, New Taipei

Today, Microsoft Corp is a gargantuan business with several different focuses. However, back in 2016, the company decided to ditch the entry-level feature phone side of its production to FIH Mobile Ltd. The deal brought in $350 million, which is still a relatively small change to Microsoft.

Microsoft Corp (Feature Phone Business) ©mariakray / Shutterstock.com
Instead of cutting jobs, all 4,500 Microsoft employees were given the opportunity to transfer to join FIH in the new direction of the business. Microsoft continued to develop other mobile phones though, including the Lumia line and other existing projects as well as partnerships with brands like Acer and Alcatel.