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Nokia to Take Majority Control Of Symbian Ltd.

LONDON -- Nokia Corp. is moving to take majority control of handset-software company Symbian Ltd., putting the world's largest cellphone maker into a stronger position against rival Microsoft Corp.

Nokia said it would buy the 31% stake in Symbian owned by British computer company Psion PLC, increasing Nokia's share of Symbian to 63%. Psion valued the deal at about &pound;136 million ($251.1 million), a transaction coming in three tranches.


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