Microsoft's acquisition of the Nokia handset division is expected to complete within the next few weeks and one of the first things that will happen is a change to the name of the holding company.
The change means that Nokia Oyj will become Microsoft Mobile Oy, and will be a wholly owned subsidiary of the USA based parent group.
Although more of a legal technicality, as the Nokia brandname wont change, it shows a determined sign that Microsoft wants to stamp its authority over its new subsidiary.
The main area where the change affects suppliers is who they sent their invoices and payments to, and the company needs them to use the correct corporate name for taxes and remittances.
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