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NOKIA Oyj will be soon renamed as MICROSOFT mobile Oy. Oyj is Finnish abbreviation for a “public stock company” while the Oy is a term for a cooperation.
“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. Microsoft Mobile Oy is the legal entity name that should be used for VAT IDs and for the issuance of invoices,” the company reportedly said in the leaked letter.
In fact, the closure of the deal doesn’t really mean the end of NOKIA. Instead, it means end to Nokia as the world knows very well.
Microsoft has bought rights to use lumia and Asha brand names. Nokia has also agreed to not to make a Smartphone or phone using Nokia brand before the end of 2015!
People would not believe that Microsoft would take such a drastic step to try to remove NOKIA from our hearts!