Microsoft is buying Nokia's mobile phone business and licensing key patents for $7.2 billion. Microsoft is aiming to boost its share of the smartphone market, which is dominated by Google's Android and Apple's iPhone. The deal may also provide a hint of who will take over when Microsoft's CEO leaves.
Source: http://www.npr.org/blogs/alltechconsidered/2013/09/03/218455187/will-microsofts-nokia-deal-shake-up-mobile?ft=1&f=1019
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