Nokia announced today that Microsoft will be acquiring substantially all of its devices and services business for $5 billion. Microsoft will also licence Nokia's patents and mapping assets for another $2.17 billion making the complete deal worth $7.17 billion in cash. DNA looks at the some of the recent buy back in telecommunication sectors. MICROSOFT - FOURSQUARE According to Fox Business, Foursquare spokesman Brendan Lewis said via email that the talks fall squarely in the 'rumours and speculation' category. A Microsoft spokesman declined to comment. GOOGLE - MOTOROLA DEAL According to Fox News, Vodafone owns a 45% stake in Verizon Wireless, the largest cell-phone carrier in the US, as a result of a partnership that begun in 1999. Verzion had tried earlier to acquire Vodafone a number of times but to no avail, the report added. ![]() via Technology - Google News http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNH7rLvm2t7WiMXDG5SP3rEcho3IqA&url=http://www.dnaindia.com/scitech/1883795/report-google-microsoft-verizon-boast-the-biggest-acquisitions-of-all-time | |||
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Tuesday, 3 September 2013
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