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Nokia eyes expanding software business

Update : 09 Feb 2017, 01:44 PM
The cash offer, 3.04 euros per share, represents a premium of 29 percent compared to Comptel's last closing price. "The planned acquisition is part of Nokia's strategy to build a standalone software business at scale by expanding and strengthening its software portfolio and go-to-market capabilities with additional sales capacity and a strategic partner network," Nokia said in a statement.
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