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Motorola invests in Point.com

SCHAUMBURG, Ill.-Motorola Inc. reported it will invest $15 million in Point.com Inc., an online retailer of wireless phones, accessories and service plans.

“Point.com’s private-labeled business-to-business strategy will further grow retail opportunities for Motorola products and services by reducing the cost-of-entry barriers into e-commerce for retailers,” explained Sue Fullman, vice president and director of Motorola Direct.

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