Nokia to sell and lease back head office building Nokia has agreed to sell and lease back its head office building in Espoo, Finland on a long-term lease to Finland-based Exilion. The company expects to complete the sale by the end of 2012. The selling price is EUR170M.
Microsoft Lumia to replace Nokia brand, The Verge reports Microsoft plans to make Microsoft Lumia the new brand name that takes the place of Nokia for the software maker, reports The Verge. Nokia still exists as a separate company without its phones business, focusing on mapping and network infrastructure. Reference Link