Nokia completes deal with Sasken over German unit
HELSINKI, June 2 (Reuters) - Nokia (NOK1V.HE: Quote, Profile, Research), the world's largest cellphone maker, said on Monday it had completed the transfer of its adaptation software R&D unit based in Bochum, Germany, to Sasken Communication Technologies (SKCT.BO: Quote, Profile, Research).
Nokia announced the deal in January as part of its decision to close its cellphone plant in Bochum, cutting 2,300 staff.
"The transaction will enable continuance of the employment for 35 employees of the software R&D entity in Bochum," Nokia said in a statement. (Reporting by Sami Torma)
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