Acquisition

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Microsoft completes Nokia acquisition today, will it actually help Microsoft?

Eight months after the announcement that Microsoft will acquire Nokia’s devices and services business for around $7.2 billion, Microsoft has now completely acquired Nokia’s said divisions and related infrastructure today (except its manufacturing plants in Chennai and Korea). Nokia’s will now be a completely owned, separately functioning subsidiary of Microsoft. Microsoft will own ‘Lumia’ and ‘Asha’ brands. Nokia is barred from using its brand name on any mobile device for… Read More

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