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Nokia Seeking To Patch Weak Spots With Acquisitions

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Feb 24, 2006, 1:03 PM by (staff)

Nokia's new CEO today announced the company must be on the lookout for further acquisitions and partnerships. The handset giant will focus on acquisitions that will strengthen their weak areas - namely enterprise and multimedia applications and devices. Recently Nokia has begun to open its rather guarded gates. The company has made a few acquisitions of enterprise applications and announced it would spin off its CDMA unit into a joint venture with Sanyo.

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