NSN bags Mot for $1.2b

Michael Carroll & Robert Clark
20 Jul 2010
00:00
News
Daily News
 
The company retains most of its mobile patents, which it has cross-licensed to NSN, and the iDen digital radio group, which last year posted revenue of $400 million.
 
Greg Brown, co-CEO of Motorola, said the deal clears the firm to focus on its government, public safety and enterprise customers.
 
He said the companies aimed to complete the deal by the end of the year.

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