Posted by : Unknown
Saturday, 26 April 2014
Nokia's phone
unit Nokia Oyj is to be renamed Microsoft Mobile Oy in the wake of the
Finnish company's acquisition by Microsoft,
according to a leaked letter to Nokia's suppliers.
The memo, published by Nokia
Poweruser, states that Microsoft will assume all rights, benefits
and obligations of the Nokia Devices and Services business.
Microsoft announced on its
blog the deal will be officially completed by Friday April 25, after
being originally finalised in September last year.
In a statement executive vice president of legal and corporate affairs Brad
Smith said: "This acquisition will help Microsoft accelerate innovation
and market adoption for Windows phones. In addition, we look forward to
introducing the next billion customers to Microsoft services via Nokia
mobile phones."
Mr Smith also announced an adjustment to the original deal, which will see
Nokia employees in China join Microsoft, having originally been designated
to stay with Nokia.
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