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Late this past January, reports among the investment crowd circulated that Microsoft was going to write a big check to take a stake in Cyanogen as part of that company’s fund raising.
The $70 million that Microsoft would have invested would have only given the company a minority share since Cyanogen has a valuation in the “high hundreds of millions” of dollars.
The decision appears to have been made following a series of negotiations, although Microsoft may seek a commercial agreement to get some of its software and services into Cyanogen’s planned “Android-without-Google” operating ... *
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Late this past January, reports among the investment crowd circulated that Microsoft was going to write a big check to take a stake in Cyanogen as part of that company’s fund raising.The $70 million that Microsoft would have invested would have only given the company a minority share since Cyanogen has a valuation in the “high hundreds of millions” of dollars.
The decision appears to have been made following a series of negotiations, although Microsoft may seek a commercial agreement to get some of its software and services into Cyanogen’s planned “Android-without-Google” operating ... *
from PhoneArena http://ift.tt/18roM4h
via http://ift.tt/18roM4h
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