Microsoft Inks $7B Deal For Nokia’s Devices Division

By  |  September 3, 2013
 | 

Microsoft has announced that it will acquire Nokia’s devices and services division, the arm of the Nokia that produces tablets and smartphones, Business Insider reported on September 2. 

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    Microsoft paid nearly $5 billion for this part of the Finland-based business, and will spend another $2.2 billion on the rights to Nokia patents.

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    For more on the move, and analysis on how this could shape the tablet and smartphone market, click here for the full story. 

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