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When two become one: Microsoft announces official date for Nokia acquisition

New terms agreed upon

When two become one: Microsoft announces official date for Nokia acquisition

Following years of speculation and then months of planning, Microsoft will finally complete its acquisition of Nokia's Devices and Services businesson 25 April, the American giant has revealed.

The declaration as delivered via Microsoft's official blog, where the firm also revealed some adjustments have been made to the original $7.2 billion deal. 

Fresh terms

The additional terms will see Microsoft take control of the nokia.com domain along with Nokia's social media sites for up to a year: a change Microsoft explained was made "for the benefit of both companies".

Microsoft will also no longer acquire Nokia's Korean manufacuritng facility, although the agreement has been adjusted so that the 21 employees currently working in Nokia's Chief Technology Office in China will join Microsoft before continuing their work.

"This acquisition will help Microsoft accelerate innovation and market adoption for Windows Phones," explained the company blog post. 

"In addition, we look forward to introducing the next billion customers to Microsoft services via Nokia mobile phones.

"We look forward to the journey ahead."

[source: Microsoft]

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