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Updated: Nokia’s devices & services biz to be renamed Microsoft Mobile; Deal closing on April 25

Update: Microsoft has informed that it will be closing the acquisition this Friday (April 25). It also noted that while the original deal didn't include Nokia's online assets, both the companies have agreed that Microsoft will be managing the Nokia.com domain and its social media properties for up to a year.  In addition to this, Microsoft is also not acquiring Nokia’s Korean manufacturing facility. A Nokia spokesperson told WSJ that Microsoft changed its mind about acquiring this facility due to "excess capacity". The status of Nokia's Chennai plant however is still unclear. A Nokia spokesperson told Medianama that they are still evaluating their options and  engaging with the Govt. and tax authorities on this but it cannot comment on the future of this facility yet. Earlier (April 21): Nokia's devices and services business will be renamed as Microsoft Mobile Oy, after Microsoft closes the $7.2…

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