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Nokia will move its remaining operations to another Finland-based campus where its networking business is based.
The new facility for the Galaxy S maker is apparently set to open in Espoo, Finland, on June 13, and will focus on "advanced technologies."
Nokia will sell its headquarters in Espoo, Finland, before leasing it back, in a move to inject cash into its struggling business.
CNET's Roger Cheng visits Rovio's headquarters in Espoo, Finland, to talk about its evolution from a simple mobile gaming company.
The Nokia N97 is a touchscreen with a slide-out Qwerty keyboard and 32GB of memory comin' straight outta Espoo, Finland -- and it's hitting our shops on 19 June
It looks to be smooth sailing as Microsoft takes over Nokia's devices and services business.
The company reportedly told Reuters that it's evaluating all options, including offloading its headquarters in Finland. But in a statement to CNET, it says it has no plans to move.
Microsoft's planned $7.2 billion acquisition of Nokia's devices and services business wins approval from the Justice Department, but it still has to face the European Union.
The beleaguered phone maker's CFO says the deal to sell and lease back its head office is expected to close by the end of this month.
As Nokia's phone business is officially absorbed by Microsoft, Nokia boss Stephen Elop is taking to the Internet for an "ask me anything" session.