With the closure of $7.2 Billion deal Microsoft/Nokia deal nearing, Microsoft has been sending out communications to both customers and suppliers. In an leaked email to suppliers Microsoft revealed that on the purchase of Nokia’s handset division the division will become a Finland-based wholly-owned subsidiary of Microsoft called Microsoft Mobile Oy. (Oy in Finland is the same as Ltd.)
Microsoft still expects the deal to close before the end of April (expected on 25th April), and are moving the official address of the business from Nokia HQ on Keilalahdentie in Espoo around 1 km to 7 Keilaranta in Espoo.
Microsoft confirmed to suppliers that current terms and conditions that they have with Nokia’s Devices and Services business will not change and that business should continue as usual.
See the letter after the break.