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Microsoft to Buy Nokia for $7.2 Billion

windows-phone-8-launch-device-headerMicrosoft and Nokia have been fairly reliant on each other in the smartphone market for a while now with Microsoft trying to make a dent with their Windows Phone OS and Nokia trying to differentiate itself from the scads of Android running competition. It only made sense that their alliance was made a bit more formal.

Yesterday, Microsoft announced that it is buying most of Nokia, including the devices and services division of the company and a licensing deal for the company’s patents and mapping service, for just under $7.2 billion.

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