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Microsoft Pri0

Welcome to Microsoft Pri0: That's Microspeak for top priority, and that's the news and observations you'll find here from Seattle Times technology reporter Janet I. Tu.

April 21, 2014 at 8:04 AM

Microsoft acquisition of Nokia’s handset business to close Friday

Microsoft said today that its acquisition of Nokia’s Devices and Services business, announced in September, will close on Friday.

Microsoft, which purchased the business as part of a $7.2 billion deal, expects the acquisition to help it “accelerate innovation and market adoption for Windows Phones. In addition, we look forward to introducing the next billion customers to Microsoft services via Nokia mobile phones,” Microsoft General Counsel Brad Smith said in a blog post.

Smith outlined a few changes to the original deal, including:

* Microsoft will manage the nokia.com domain and the Finnish phonemaker’s social media sites for up to a year.

* Rather than all employees in Nokia’s Chief Technology Office continuing with Nokia, 21 of those employees in China working on mobile phones will join Microsoft.

* Microsoft will not acquire Nokia’s Korean manufacturing facility.

When the deal was announced last September, the two companies said that, once the deal closes, about 32,000 Nokia employees would become Microsoft employees. Microsoft today did not provide an updated figure on that employee count, given the adjustments. But the company said it should have updated figures on Friday.

Comments | More in Microsoft | Topics: nokia, windows phone

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