Nokia will be renamed Microsoft Mobile

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Microsoft intends to abandon the well-known and beloved by many mobile brand Nokia, renaming smartphone manufacturer in the Microsoft Mobile. 

According to Microsoft for suppliers of mobile components after the acquisition of Nokia mobile assets will be completed, and it is planned before April 30, the software giant refuses to brand Nokia for smartphones and will use Microsoft Mobile. Currently press service corporations do not commented on the name change Nokia Microsoft Mobile. After closing the deal, the mobile business will be a 100% subsidiary of Microsoft and will work with mobile devices components and collectors on behalf of Microsoft.

"Please note that after the closing of the transaction between Microsoft and Nokia, the name of Nokia Corp / Nokia Oyj will be changed to the Microsoft Mobile Oy " - says Microsoft.

Recall that Microsoft paid for Nokia mobile business and a 10-year licensing its mobile patents amounting to $7.2 billion. It was originally planned that the transaction will close in March, but the problem with assets in India Nokia pushed closing transactions for the month. Today Nokia is the largest and closest partner ecosystem Microsoft Windows Phone.
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I think nokia have a own brand as successful name so it should increase innovative products and can stand in market but they sold their name .what happend to the chennai nokia employees?
@Srini
nesan, proud to be in V+ Team.
@nesan They will be working under Microsoft Mobile bro...
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    Nokia will be renamed Microsoft Mobile