Word had earlier leaked that ‘Nokia Oyj’ was going to be renamed ‘Microsoft Mobile Oy’ under MS, which led to speculation that the deal was about to close and things have now become official. In a blog post on the official Microsoft blog, the company has announced that the Nokia acquisition will be complete come April 25. The transaction had been first announced in September 2013, and had been expected to be complete in Q1 2014, but saw delays in regulatory compliance.
As it turns out, Nokia.com and Nokia’s other much loved social media properties will also be taken over by MS, and the company will operate them for ‘upto’ one year. I do hope that MS decides to keep them in the long run, as they have been instrumental in getting Nokia the kind of loyal support that it enjoys amongst its users.