Nokia Oyj to be renamed 'Microsoft Mobile Oy'

Post the final acquisition deal of Nokia by Microsoft, Nokia Oyj will be renamed to Microsoft Mobile Oy. This information broke out after Microsoft sent a letter to all its suppliers about the new move.

NokiaPowerUser reported that the new, fully acquired, subsidiary would serve as Microsoft’s mobile devices and the older terms and conditions would remain as it was with no change whatsoever. It officially stated 'Please note that upon the close of the transaction between Microsoft and Nokia, the name of Nokia Corporation/Nokia Oyj will change to Microsoft Mobile Oy,'

“Under the terms of the sale, Microsoft will assume all rights, benefits and obligations of the Nokia Devices and Services business, including Nokia’s agreements with suppliers, customers and partners which pertain to the Devices and Services business. Therefore, the purpose of this letter is to update you that the current terms and conditions that you have with the Devices and Services business will not change. Please note that upon the close of the transaction between Microsoft and Nokia, the name of Nokia Corporation/Nokia Oyj will change to Microsoft Mobile Oy. Microsoft Mobile Oy is the legal entity name that should be used for VAT IDs and for the issuance of invoices,” the letter said.

“In addition to becoming a supplier for Microsoft Mobile Oy, we appreciate that you might also remain a supplier to the continuing businesses of Nokia (i.e., NSN, HERE or Advanced Technologies) after the close of the transaction between Microsoft and Nokia Devices and Services. Nokia will communicate separately any changes in invoicing methods and addresses before the close of this transaction,” the letter added.