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Nokia Sells Espoo Headquarters, But Plans to Stay

Article Comments  4  

Dec 4, 2012, 8:05 AM   by Eric M. Zeman   @phonescooper

Nokia today announced that it plans to sell its headquarters office building in Espoo, Finland. The company itself isn't moving, however. Instead, it will rent the building from the new owner. The sale will net Nokia about $222 million in cash, which will help shore up its sagging balance sheet. Nokia has owned and resided in its headquarters facility since 1997.

more info at Nokia »



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This forum is closed.


Dec 4, 2012, 8:15 AM

A Hundred and Some Odd Years AGO?

Headlines would read "Titanic Strikes Ice Berg! Plans on making arrival in New York, on time."
This says one of 3 things. 1. They are seriously strapped for cash. 2. They are positioning themselves to be bought, perhaps by Microsoft as the rumors have been going on about. 3. They are they planning to move.

Personally out of all the outcomes ...
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