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Motorola Sells Networking Arm To Nokia Siemens For $1.2 Billion

July 19th, 2010 link to (permalink)


Motorola has announced that it will sell its networking business to Nokia Siemens for a massive $1.2 billion, and the joint venture between Nokia and Siemens will gain more than 50 customer relationships, as well as around 7,500 employees.




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