Microsoft: Nokia purchase will be completed on April 25

Back in September 2013, Microsoft announced plans to purchase Nokia's devices and services business, in a deal worth almost $7.2bn. Earlier this month, Chinese authorities gave their approval for the deal, and today, the company confirmed that the purchase will be completed later this week. 

In a post on The Official Microsoft Blog, the company's Brad Smith revealed that the deal will be finalized this Friday, April 25th. He said that the deal "will help Microsoft accelerate innovation and market adoption for Windows Phones", adding that the company looks forward "to introducing the next billion customers to Microsoft services via Nokia mobile phones." 

As part of the deal, Microsoft will acquire not just Nokia's Lumia range of Windows Phones, but also the Nokia X Android range, and the company's feature phone family, including its Asha line, and its most inexpensive and basic devices, such as the $29 Nokia 108 camera phone

Additionally, Microsoft will take control of the nokia.com domain and related social media sites "for the benefit of both companies and our customers for up to a year." Nokia will not be relinquishing the rights to its brand, however, and will continue to operate under that name. The parts of the business that are being transferred to Microsoft's ownership will operate as a Finnish subsidiary called Microsoft Mobile Oy

A couple of changes have also been made to the original terms of the deal. 21 Nokia staff in China working on feature phone development will now join Microsoft under the new terms, while plans for the company to acquire a Nokia factory in Korea have now been abandoned. 

Image via GeekWire 
This article was updated after publishing to add details regarding the Nokia and Microsoft Mobile names, and to add a reference to the Nokia X range. 

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14 Comments

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So when can we expect the first MS re-branded Lumia/Icon devices? Will the new 8.1 hardware phones in the coming months be labeled as MS or Nokia?

92GTA said,
So when can we expect the first MS re-branded Lumia/Icon devices? Will the new 8.1 hardware phones in the coming months be labeled as MS or Nokia?

probably will be pushing them this Christmas to be fully integrated with the company.. It will be Lumia ( as the brand name .. much like how Surface is perceived. )

EvilAstroboy said,
Question: So does MS own the old school phones,as well as the Lumia and X phones ?

I'm pretty sure they have Asha as well.

As part of the deal, Microsoft will acquire not just Nokia's Lumia range of Windows Phones, but also the company's feature phone family, including its Asha line, and its most inexpensive and basic devices, such as the $29 Nokia 108 camera phone.

Yayyy! Much sooner than I thought.

Also, I find it strange that they will take over Nokia.com and their social media outlets since they didn't purchase the entire company. This will make it seem like they did.

Enron said,
Yeah I doubt Google was involved. I think the delays were governments in China and India.

delays caused by Samsung and other companies making a stink about how it will negatively effect competition..

Lachlan said,

delays caused by Samsung and other companies making a stink about how it will negatively effect competition..

True, and it was reported that Nokia promised NOT to troll the pantents and thats what the made the Deal get approved (Correct me if im wrong)