Microsoft in $7.2bn Nokia deal

Microsoft has announced it will be buying Nokia Corp.'s line-up of smart phones. Microsoft will reportedly pay $5bn for the Nokia unit that makes mobile phones, including its line of Lumia smart phones, and another $2.2bn for a ten year license to use Nokia's patents.
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A sign is seen on the wall outside of a Microsoft store in the Dadeland Mall as Microsoft announces it will be buying Nokia Corp.'s line-up of smart phones on September 3, 2013 in Miami, Florida. The proposed price that Microsoft is paying is reported to be $5 billion for the Nokia unit that makes mobile phones, including its line of Lumia smart phones, and another $2.2 billion will be paid for a 10-year license to use Nokia's patents. (Getty Images)
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Clelia Cepparulo uses her Nokia phone while visiting a Microsoft store in the Dadeland Mall as Microsoft announces it will be buying Nokia Corp.'s line-up of smart phones on September 3, 2013 in Miami, Florida. The proposed price that Microsoft is paying is reported to be $5 billion for the Nokia unit that makes mobile phones, including its line of Lumia smart phones, and another $2.2 billion will be paid for a 10-year license to use Nokia's patents. (Getty Images)
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Microsoft Product Advisor Robert Sarralde (R) shows a Nokia phone to Alex Diaz at a Microsoft store in the Dadeland Mall as Microsoft announces it will be buying Nokia Corp.'s line-up of smart phones on September 3, 2013 in Miami, Florida. The proposed price that Microsoft is paying is reported to be $5 billion for the Nokia unit that makes mobile phones, including its line of Lumia smart phones, and another $2.2 billion will be paid for a 10-year license to use Nokia's patents. (Getty Images)
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Antonio Valente (R) and his daughter, Andrea Valente, look at Nokia phones on display at a Microsoft store in the Dadeland Mall as Microsoft announces it will be buying Nokia Corp.'s line-up of smart phones on September 3, 2013 in Miami, Florida. The proposed price that Microsoft is paying is reported to be $5 billion for the Nokia unit that makes mobile phones, including its line of Lumia smart phones, and another $2.2 billion will be paid for a 10-year license to use Nokia's patents. (Getty Images)
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Antonio Valente looks at Nokia phones on display at a Microsoft store in the Dadeland Mall as Microsoft announces it will be buying Nokia Corp.'s line-up of smart phones on September 3, 2013 in Miami, Florida. The proposed price that Microsoft is paying is reported to be $5 billion for the Nokia unit that makes mobile phones, including its line of Lumia smart phones, and another $2.2 billion will be paid for a 10-year license to use Nokia's patents. (Getty Images)
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Microsoft Product Advisor Robert Sarralde (R) shows a Nokia phone to Alex Diaz at a Microsoft store in the Dadeland Mall as Microsoft announces it will be buying Nokia Corp.'s line-up of smart phones on September 3, 2013 in Miami, Florida. The proposed price that Microsoft is paying is reported to be $5 billion for the Nokia unit that makes mobile phones, including its line of Lumia smart phones, and another $2.2 billion will be paid for a 10-year license to use Nokia's patents. (Getty Images)
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Helio Bezerra (R) looks at a Nokia phone on display at a Microsoft store in the Dadeland Mall as Microsoft announces it will be buying Nokia Corp.'s line-up of smart phones on September 3, 2013 in Miami, Florida. The proposed price that Microsoft is paying is reported to be $5 billion for the Nokia unit that makes mobile phones, including its line of Lumia smart phones, and another $2.2 billion will be paid for a 10-year license to use Nokia's patents. (Getty Images)
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Helio Bezerra looks at a Nokia phone on display at a Microsoft store in the Dadeland Mall as Microsoft announces it will be buying Nokia Corp.'s line-up of smart phones on September 3, 2013 in Miami, Florida. The proposed price that Microsoft is paying is reported to be $5 billion for the Nokia unit that makes mobile phones, including its line of Lumia smart phones, and another $2.2 billion will be paid for a 10-year license to use Nokia's patents. (Getty Images)