Nokia smartphone business to be called ‘Microsoft Mobile’ after $7.2B deal closes
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Nokia smartphone business to be called ‘Microsoft Mobile’ after $7.2B deal closes

Microsoft Cell” — that’s a reputation you would possibly hear extra usually as soon as Microsoft’s $7.2 billion deal to purchase Nokia’s Gadgets and Companies business officially closes on Friday.

In a letter obtained by NokiaPowerUser that was reportedly despatched from Nokia to its suppliers, Microsoft will change the “Nokia” identify to “Microsoft Cell,” at the very least for behind-the-scenes authorized documentation, and presumably for extra. Right here’s the precise wording from the letter:

Please be aware that upon the shut of the transaction between Microsoft and Nokia, the identify of Nokia Company/Nokia Oyj will change to Microsoft Cell Oy. Microsoft Cell Oy is the authorized entity identify that ought to be used for VAT IDs and for the issuance of invoices.

Nokia-Lumia-1020-smartphone.jpgWe’ve contacted Microsoft about this and can replace this submit after we hear again.

The letter additionally notes that each one present agreements with Nokia’s companions and suppliers will stay in place after the deal, which was introduced in September of last year, closes Friday.

Whereas Microsoft will take management of Nokia’s Gadgets and Companies business, Nokia as an organization will nonetheless reside on, partially via its patent portfolio, which isn’t included in Microsoft’s acquisition — although Microsoft will be getting a license to the complete portfolio.

The acquisition was supposed to shut in March, however regulatory delays pushed the deal into April. The delays haven’t stopped Nokia from releasing new telephones: former Nokia CEO Stephen Elop took the stage at Microsoft’s Construct developer convention final month to announce a trio of new models that can launch this yr.

Put up up to date at 4:40 p.m. to make clear nature of identify change.

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