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US: Microsoft reveals brand revamp after Nokia buy

By  |  April 21, 2014

Microsoft has big plans for its Nokia assets following a completed acquisition, the company revealed in letters sent to suppliers.

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    According to reports, Microsoft will rename the handset operations from Nokia Oyj to Microsoft Mobile Oy and begin operations as the tech giant’s mobile devices division.

    The plans were reportedly revealed in a letter sent by Microsoft to suppliers intended to inform the companies that terms of their contracts with Nokia will remain unchanged following the buyout’s closure.

    ”Please note that upon the close of the transaction between Microsoft and Nokia, the name Nokia Corporation/Nokia Oyj will change to Microsoft Mobile Oy,” the notice reportedly said.

    Microsoft is awaiting regulatory approval for its $7.2 billion buyout of the Nokia assets.

    Full Content: CNet

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