Related News
Nokia to hand over HQ to Microsoft under deal
Print Edition
Finnish telecom equipment maker Nokia said yesterday it would hand over its headquarters outside Helsinki to US software giant Microsoft, which has acquired the group’s mobile business.
The building is located in Espoo, a suburb of the capital.
According to Nokia, most of the staff in the building work for the mobile division, which explains why it will house the Microsoft offices after the transaction is completed.
The employees who remain at Nokia, now focused on the telecom business, will be sent to other buildings in Espoo.
Nokia’s headquarters, a symbol of Finnish economic success in the 1990s and 2000s, will now also be a reminder of the fall of what was once the world’s biggest mobile phone maker.
Dubbed the “Nokia House,” the building was built by the Baltic Sea in the 1990s, at a time when the booming mobile phone market seemed to grant the company a promising future.
In December last year, loss-making Nokia sold it to a real estate company, but agreed to lease it back on a long-term basis.
On Tuesday, Nokia’s shareholders approved the sale of the mobile phone business to Microsoft for 5.44 billion euros (US$7.30 billion).
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
