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Microsoft to acquire Nokia handset business

Tags: acquisitionbangalore-buzz-bangaloreEspooF-Secure security softwaresF-secureSecuritySoftwaresFinlandhandset businessHandsetBusinessHelsinkiMicrosoftmobileNokiaNSNRisto SiilasmaaRistoSiilasmaaStephen ElopStephenElopstock marketStockMarketWindows Phone softwareWindowsPhoneSoftwareYle

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Two years after hitching its fate to Microsoft's Windows Phone software, Nokia agrees to sell its main handset business for 5.44 billion euros ($7.2 billion) Helsinki, Sep 3 (IANS) The share price of Nokia surged by 47 percent in the Helsinki stock market Tuesday, after it announced the sale of its mobiles and services division to Microsoft. The Finland-based mobile giant signed an agreement with Microsoft to sell its devices and services business and licence its patents to the latter for 5.44 ...

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