Microsoft to take over Nokia HQ in 2014 after deal

HELSINKI (AP) - Nokia says its headquarters near the Finnish capital will be taken over by Microsoft on completion of the sale of its cellphone and services division to the U.S. software company, expected in early 2014.

The majority of the 1,900 workers, in the devices and services, unit will remain in the building in Espoo as employees of Microsoft Corp.

Nokia Corp. announced the move Thursday, two days after shareholders overwhelmingly approved the 5.4 billion-euro ($7.2 billion) sale to Microsoft of the devices and services unit and a license to a portfolio of patents. Some 32,000 Nokia employees worldwide will move over to Microsoft once the deal is closed.

Last year, the struggling cellphone maker sold its headquarters to investors for 170 million euros ($220 million) but leased back the building.


(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

Top Stories

  • Quick and Profitable
    Ron and Don say it's time to cut off Seattle's presidential ATM

  • Concert Congestion
    Concertgoers are crying foul after missing the Journey-Steve Miller show for a traffic jam

  • Seeking a Sequel
    Danny O'Neil has 3 things things to watch for as the Seahawks start training camp
ATTENTION COMMENTERS: We've changed our comments, but want to keep you in the conversation.
Please login below with your Facebook, Twitter, Google+ or Disqus account. Existing MyNorthwest account holders will need to create a new Disqus account or use one of the social logins provided below. Thank you.
comments powered by Disqus
Listen to the show
Hear GeekWire on KIRO Radio
Join Todd Bishop and John Cook weekends on KIRO Radio to talk Seattle technology.

Sign up for breaking news e-mail alerts from MyNorthwest.com
In the community
Do you know an exceptional citizen who has impacted and inspired others?
KIRO Radio and WSECU would like to recognize six oustanding citizens this year. Nominate them to be recognized and to receive a $2,000 charitable grant.