With an explicit commitment to simplicity and agility, Microsoft designs software and cloud-based services that can help businesses be truly dynamic and inspire people to a higher level of commitment, innovation, and leadership and, in turn, help businesses and people realize their full potential.

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And then there is the need for new talent: only by developing designs and software in-house can HTC give products a unique look and feel.

ECONOMIST: Face value

In 2004 Marvell licensed chip designs and software to a firm called Alliant Networks that was designing a chip to handle both cellular and Wi-Fi signals.

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