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Nokia buys control of Symbian

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On February 9, 2004, 12:19 PM

Top mobile phone maker Nokia moved Monday to take control of the world's leading cell phone software group, Symbian, drawing a line in the sand between the Finnish firm and rival Microsoft.

Nokia said it would buy around one-third in Symbian from Psion, with the British software firm getting an estimated £135.7 million ($250.7 million) in a deal that values all of Symbian at £436.2 million.

Read more: [URL=http://money.cnn.com/2004/02/09/news/international/nokia_software.reut/]CNN[/URL].

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