Microsoft’s Acquisition of Nokia to be Finalized this Friday


Back in September of 2013, Microsoft announced that it will acquire Finnish phone-maker Nokia in a deal that was expected to end by 2014. And lo and behold, the marked date is about to come – this Friday to be exact.


Come April 25th, Nokia will officially be a fully owned Microsoft subsidiary. As part of the acquisition, Microsoft will be managing the Nokia.com domain as well as the company’s social media networks for a year. Moreover, Nokia’s former CEO Stephen Elop will lead Microsoft’s devices group reporting directly to Satya Nadella.

Also, as part as the acquisition, Nokias official name – Nokia Oyj will be changed to Microsoft Mobile Oy. The Finnish company will now use this name as its legal entity name and will be used for VAT IDs and issuance of invoices. As for the rest of details about the acquisition, we might have to wait until Friday for the companies’ official announcement.

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