Earlier this month, Microsoft launched a ‘Lumia 535 Smart Buyback Offer’ in India in which you could exchange your old phone in a working condition, and buy a new Lumia 535 for ₹5,999 (US$ 90), inclusive of all taxes. This offer is available on purchase of Lumia 535 at all…
Polycom sells handset unit for $110M, adds to stock buyback plan
Videoconferencing vendor Polycom (Nasdaq: PLCM) is selling its enterprise handset business to an affiliate of private equity firm Sun Capital Partners for $110 million in cash. It plans to use most of the cash to increase its stock-buyback program. As a result of the sale, the business generated about $94…