Deals
Microsoft Deal Values Affirmed Networks at $1.35 Billion
- Affirmed Networks also held talks with Samsung, a source said
- Microsoft didn’t disclose financial terms of deal this week
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Microsoft Corp.’s agreement to acquire 5G software maker Affirmed Networks Inc. valued the company at about $1.35 billion, according to people familiar with the matter.
Microsoft announced the deal on Thursday without disclosing financial details.