Microsoft buys Nokia mobile unit and grabs patent licence for €5.44bn

Michael Passingham
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Ballmer calls move a "bold step into the future" as firms hope for salvation in each other's arms

Microsoft has bought Nokia's mobile phone unit for €3.79bn in a major play to try and improve its presence in the mobile market. Microsoft will also pay €1.65bn to license Nokia's patents for 10 years,...

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