Microsoft taking over nokia hq

Nokia is moving out of its current headquarters in Espoo, Finland when the sale of its Devices & Services unit to Microsoft gets finalized in the first quarter next year. Most of the people currently in the building are working on Devices & Services related activities. The 32,000 employees who aren’t transferring to Microsoft will relocate to Nokia’s own premises in Karaportti, Espoo, while others will set up in Otaniemi.

Nokia sold its Espoo headquarters to property investment and management company Exilionat the end of last year for about 170 million Euros, but signed a long-term lease to stay on as principal tenant. Microsoft will presumably take over the lease.

Source: YLE, Via TechCrunch