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Microsoft to Acquire Nokia’s Devices and Services Business

License Nokia's patents and mapping services

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Microsoft Corporation and Nokia Corporation announced that the Boards of Directors for both companies have decided to enter into a transaction whereby Microsoft will purchase substantially all of Nokia’s Devices & Services business, license Nokia’s patents, and license and use Nokia’s mapping services. Under the terms of the agreement, Microsoft will pay €3.79 billion to purchase substantially all of Nokia’s Devices & Services business, and €1.65 billion to license Nokia’s patents, fo...

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