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.

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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