Microsoft To Buy Nokia's Mobile Business For $5B, License Patents For $2.2B

Less than two weeks after announced its CEO was set to retire, the company has announced another sweeping change: it's buying 's storied handset business for 3.79 billion euros ($5 billion), licensing its patents and boldly challenging Samsung and Apple in the battle to win the global smartphone market.
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Published on September 02, 2013 21:52
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