New Microsoft Mobile Oy subsidiary will serve as the company's mobile devices division, according to a letter obtained by Nokiapoweruser.
When Microsoft's acquisition of Nokia's devices and services business closes, the software giant plans to rename Nokia Oyj to Microsoft Mobile Oy, according to a letter sent to suppliers.
The new wholly-owned subsidiary will serve as Microsoft's mobile devices division, according to the letter, which informed suppliers that the terms and conditions of their contracts would not change when the deal is completed.
"Please note that upon the close of the transaction between Microsoft and Nokia, the name of Nokia Corporation/Nokia Oyj will change to Microsoft Mobile Oy," a copy of which was obtained by Nokiapoweruser.
CNET has contacted Microsoft for comment and will update this report when we learn more.
When Microsoft announced its plans to acquire Nokia's handset division and license some patents last September, the company said it expected the $7.2 billion deal to close by the first quarter of this year. However, Microsoft announced last month that antitrust reviews of the acquisition in Asia would delay the deal's closure until April.
Nokia became Microsoft's biggest and closest Windows Phone partner in a mutual bid for relevance in a market dominated by Apple's iOS and Google's Android.
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