Feeds

Microsoft gets GIANT GLASS HQ in FINLAND as part of Nokia deal

Most of the borged Nokia bods work in Espoo building anyway

Top 5 reasons to deploy VMware with Tegile

Nokia has announced that it will be turning its iconic headquarters in Espoo, Finland over to Microsoft as part of the deal to sell its mobile division to Redmond.

The company confirmed in a statement that it would be handing over control of the main offices to Microsoft and moving its operations to another facility in the country. The firm will be moving the rest of its operations to the headquarters of its networking business.

A Microsoft spokesperson confirmed to Fox: "Because the majority of people working at Nokia House are Nokia Devices & Services employees, Microsoft will assume ownership and management of the facility upon the expected closure of the deal."

The handover is part of the massive €5.44bn deal Microsoft and Nokia agreed to earlier this year. The acquisition will not only give Microsoft full control over Nokia's devices and services branch, but will also include a major patent licensing deal.

In the deal, Microsoft is set to gain thousands of Nokia employees, including former chief executive Stephen Elop, who will join Microsoft as vice president of devices and services reporting to Redmond.

Nokia shored up its end of the deal earlier this week when shareholders voted overwhelmingly to approve the sale of the mobile business to Microsoft. The deal is set to close in the first quarter of 2014.

"This is a significant step forward for Nokia. We are delighted that shareholders have given us overwhelmingly strong support to proceed with this transformative agreement," said Risto Siilasmaa, Nokia chairman and interim CEO.

"Today's vote brings us closer to completing a transaction which will mark the beginning of the next chapter in Nokia's near 150-year history, offering the potential of greater value for shareholders." ®

Top 5 reasons to deploy VMware with Tegile

More from The Register

next story
I'll be back (and forward): Hollywood's time travel tribulations
Quick, call the Time Cops to sort out this paradox!
Musicians sue UK.gov over 'zero pay' copyright fix
Everyone else in Europe compensates us - why can't you?
Megaupload overlord Kim Dotcom: The US HAS RADICALISED ME!
Now my lawyers have bailed 'cos I'm 'OFFICIALLY' BROKE
MI6 oversight report on Lee Rigby murder: US web giants offer 'safe haven for TERRORISM'
PM urged to 'prioritise issue' after Facebook hindsight find
BT said to have pulled patent-infringing boxes from DSL network
Take your license demand and stick it in your ASSIA
Right to be forgotten should apply to Google.com too: EU
And hey - no need to tell the website you've de-listed. That'll make it easier ...
prev story

Whitepapers

Go beyond APM with real-time IT operations analytics
How IT operations teams can harness the wealth of wire data already flowing through their environment for real-time operational intelligence.
Why CIOs should rethink endpoint data protection in the age of mobility
Assessing trends in data protection, specifically with respect to mobile devices, BYOD, and remote employees.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Protecting against web application threats using SSL
SSL encryption can protect server‐to‐server communications, client devices, cloud resources, and other endpoints in order to help prevent the risk of data loss and losing customer trust.