Nokia Siemens Buys Motorola Unit for $1.2 Billion

July 19, 2010  |  

(New York Times) — Nokia Siemens Networks said Monday that it would buy Motorola’s telecommunications network equipment business for $1.2 billion, a move that gives it a stronghold in the North American market and the No. 2 position in the cutthroat mobile gear market.

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