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European Regulators Approve Nokia Siemens' Motorola Buy

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Dec 15, 2010, 8:11 AM   by Eric M. Zeman

The European Commission today approved Nokia Siemens Networks' plans to acquire a portion of Motorola's wireless networking equipment business. The acquisition, announced earlier this year, is valued at $1.2 billion and will help NSN become more competitive against rivals such as Ericsson and Alcatel-Lucent.

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