The funding comes as Ottawa is in the middle of a comprehensive national-security review of the potential involvement of Nokia’s Chinese rival, Huawei, in Canada’s eventual fifth generation mobile network.
The $3.1B deal is for technology that will be used for driverless cars.
Company will write down its entire$7.3 billion purchase of Nokia in Q4, take restructuring charge of up to $850 million.
Software giant says it will license patents for about $7.2 billion.
System being tested at a DOCOMO R&D Centre test site in Japan’s Yokosuka Research Park.
Troubled cell phone maker cut 10,000 jobs and shutters main production plant.
Cell-phone maker looks to cut costs and streamline operations as market share plummets.
Finnish phone-maker will close plants in Finland, Mexico and Hungary, shifting production to lower-cost operations in Asia.