Yesterday saw the the Acquisition of the Nokia Corporation/Nokia Oyj, made by Microsoft come to a close which means Microsoft now own Nokia Devices and Services and we’ll no longer see Nokia branded smartphones, what’s more, now Microsoft have their hands on Nokia, they’re changing its name from Nokia Corporation/Nokia Oyj to Microsoft Mobile Oy.
It’s been a good few months, eight in fact, since the initial announcement that Microsoft were to acquire Nokia Devices and Services and finally the deal has come to a close. The €5.44 billion acquisition was first announced in September last year which would make the independent phone manufacturer a part of Microsoft.
“Today we welcome the Nokia Devices and Services business to our family. The mobile capabilities and assets they bring will advance our transformation,” said Microsoft CEO Satya Nadella. “Together with our partners, we remain focused on delivering innovation more rapidly in our mobile-first, cloud-first world.”
What this means is that Microsoft now have almost full control over all Windows Phone handsets with Nokia’s massive Lumia lineup as well as Nokia’s lower-end Asha brand and the recently announced, Android powered Nokia X, not to mention the huge variety of feature phones Nokia have under their belt.
That doesn’t mean Nokia have disappeared for good, they’re still a company but are shifting focus on NSN (its network infrastructure) Nokia’s HERE maps and location-based services, and Advanced Technologies (a licensing and development arm). Microsoft will be still in partnership with Nokia for some time too as they’ll be paying for a four-year license of the HERE services. Nokia are now just a much, much smaller company.
Microsoft has not yet provided any details on the full plan for how it’s going to handle the integration of Nokia, but we can expect to wait some time before we see the first Microsoft Mobile handset. Stephen Elop has revealed plans to answer questions on Monday, but until then he said that Nokia’s mobile business has to “not only evolve to fit into Microsoft in general, but into an evolving Microsoft.”