Tuesday, September 3, 2013

Microsoft plans to acquire Nokia's phone business for over $7 billion

nokia devicesMicrosoft plans to buy Nokia's Devices & Services division in a deal worth nearly $7.2 billion. About two thirds of that money would buy the portion of Nokia's business responsible for making Lumia and Asha smartphones, among other things. The rest pays licensing of intellectual property. The deal is expected to close in the first quarter of 2014, assuming it's...

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Microsoft plans to acquire Nokia’s phone business for over $7 billion is a post from: Liliputing