Come April 25, 2014. Nokia’s phone unit, Nokia Oyj will now be known as Microsoft Mobile.
Microsoft finalizes it’s acquisition of the Nokia devices unit tomorrow after months of regulatory approvals from different countries. The 7.2 billion purchase last September 2013 is officially going to be a part of Microsoft along with 32,000 employees agreed to be absorbed by the company.
I hope Microsoft continues with Nokia’s innovation in its Lumia line. Make amazing phones with great cameras and produce worthy exclusive apps for Windows Phones. I’m excited with the transition but really not too keen on how Microsoft may handle the Nokia, Asaha and Lumia branding. Just lowering my expectation.
Good luck Nokia! and Microsoft, please don’t ruin a good brand.
Under the terms of the sale, Microsoft will assume all rights, benefits and obligations of the Nokia Devices and Services business, including Nokia’s agreements with suppliers, customers and partners which pertain to the Devices and Services business. Therefore, the purpose of this letter is to update you that the current terms and conditions that you have with the Devices and Services business will not change.
Please note that upon the close of the transaction between Microsoft and Nokia, the name of Nokia Corporation/Nokia Oyj will change to Microsoft Mobile Oy. Microsoft Mobile Oy is the legal entity name that should be used for VAT IDs and for the issuance of invoices.
- via Nokia Power User