Nokia Phone will be rebranded as Microsoft Phone

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Both Microsoft and Nokia had said in March that the deal would close by the end of April. The closure of the deal doesn't really mean the end of Nokia. Instead, it means an end to Nokia as the world knows it. Microsoft is buying Nokia's mobile phones division, including the teams that make feature phones. But it is not buying the divisions that are responsible for network equipment business and Here maps. The company left behind by Microsoft will also keep rights to its name Nokia though Microsoft has bought the licence to use the Nokia brand name for 10 years as part of its $7.2 billion deal.


Additionally, Microsoft has bought rights to use Lumia and Asha brand names. As part of the deal, Nokia has also agreed to not make a smartphone or phone using Nokia brand before the end of 2015.

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