The much talked about Nokia- Microsoft deal has just gotten a little more interesting.
A leaked Nokia letter to its Device and Service providers reveals
that Microsoft will be renaming all Nokia smartphones to Microsoft
Mobile. The company will fully incorporate under the Microsoft banner
and will be a fully-owned Microsoft subsidiary. The Microsoft owned
Nokia will become the main part of mobile devices production.
The leaked letter also indicates that the already existing terms and
conditions that suppliers have with Nokia will remain unchanged.
Although, there is a possiblility of changes in the hardware aspect of
the phones once the deal goes through.
Here is the full letter.
Dear Supplier,
On September 3, 2013, Nokia Corporation announced its intention
to sell substantially all of its Devices and Services Business to
Microsoft Corporation. We anticipate the transaction to close during
April 2014.
Under the terms of the sale, Microsoft will assume all rights,
benefits and obligations of the Nokia Devices and Services business,
including Nokia’s agreements with suppliers, customers and partners
which pertain to the Devices and Services business. Therefore, the
purpose of this letter is to update you that the current terms and
conditions that you have with the Devices and Services business will not
change.
Please note that upon the close of the transaction between
Microsoft and Nokia, the name of Nokia Corporation/Nokia Oyj will change
to Microsoft Mobile Oy. Microsoft Mobile Oy is the legal entity name
that should be used for VAT IDs and for the issuance of invoices.
NEW BUSINESS INVOICE DETAILS:
New name and registered address replacing Nokia Oyj/Nokia Corporation is:
Microsoft Mobile Oy
Keilaranta 7
02150 ESPOO
Finland
New Bank Accounts: Please note that Microsoft Mobile Oy is going
to have new bank accounts, for further information please contact us via
AP Portal: https://ap.nokia.com/APPortalExt/Login.aspx (registration
required).
There is NO change in the invoice sending method, please continue to send the invoices via electronic channels as before.
For further information on changes (legal address/send to
address) after the close of the transaction between Microsoft and the
Nokia Devices and Services business, please check our Invoice Address
Search tool (IAS): https://ap.nokia.com/APPortalExt/AddressSearch.aspx
(No registration required), or contact us via AP Portal:
https://ap.nokia.com/APPortalExt/Login.aspx (Registration required).
Please note that the only changes in the Purchase Order (PO)
layout after the close of the transaction will be to remove the Nokia
Logo and change the legal address, whereas the PO numbering format and
sequence will not change.
Continuation of business with Nokia
In addition to becoming a supplier for Microsoft Mobile Oy, we appreciate that you might also remain a supplier to the continuing businesses of Nokia (i.e., NSN, HERE or Advanced Technologies) after the close of the transaction between Microsoft and Nokia Devices and Services. Nokia will communicate separately any changes in invoicing methods and addresses before the close of this transaction.
In addition to becoming a supplier for Microsoft Mobile Oy, we appreciate that you might also remain a supplier to the continuing businesses of Nokia (i.e., NSN, HERE or Advanced Technologies) after the close of the transaction between Microsoft and Nokia Devices and Services. Nokia will communicate separately any changes in invoicing methods and addresses before the close of this transaction.
Best regards,
Nokia Devices and Services Financial Services Purchase to Pay Team
(Inputs via nokiapoweruser.com)