Once Microsoft's deal to buy Nokia's devices division is complete, a lot of things will change (including the signature on about 32,000 employees' payslips).

But the biggest change for consumers? There will never be another Nokia smartphone.

According to The Verge, the terms of the £4.6 billion deal mean that the Finnish company (which will still exist, apart from the mobile devices business) will retain the rights to the "Nokia" trademark.

That name will only be used on featurephones, according to a license agreement that will last at least 10 years.

Any future Windows phones will likely carry the Microsoft name, and probably the "Lumia" (or "Asha") brand, and not Nokia's.

The relevant passage of the statement says:

"Microsoft has agreed to a 10 year license arrangement with Nokia to use the Nokia brand on current Mobile Phones products. Nokia will continue to own and maintain the Nokia brand.

Under the terms of the transaction, Microsoft has agreed to a 10 year license arrangement with Nokia to use the Nokia brand on current and subsequently developed products based on the Series 30 and Series 40 operating systems.

Upon the closing of the transaction, Nokia would be restricted from licensing the Nokia brand for use in connection with mobile device sales for 30 months and from using the Nokia brand on Nokia's own mobile devices until December 31, 2015."

So there you have it - Nokia as a consumer brand is essentially dead. Let's relive their finest moments, together:

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  • Nokia 1011 (1992)

    Named after 10 November, the date it launched, this was among the world's first GSM mobile phones. Oddly enough, you could receive text messages but not send them.

  • Nokia 2110 (1994)

    The 2110 featured a 99-number phonebook, and a two-way scrolling control which meant you could actually navigate them. It was also the first phone with the signature 'Nokia' ringtone. You know the one... It was based on Gran Vals, a guitar piece by the 19th century Spanish composer Francisco Tarrega. Over time it was also highly annoying.

  • Nokia 8110 (1996)

    The Nokia 8110 was the first slider phone and was featured in the Matrix, resulting in a generation of slick idiots pretending to be Neo when picking up calls from their mum.

  • Nokia 9000 Communicator (1996)

    Nokia claims that was the 'world's first smartphone'. That might be pushing it - but it certainly pushed the boundaries. It had a full QWERTY keyboard, a 24 MHz i386 CPU, could be used horizontally or vertically, and could send a variety of messages - including faxes.

  • Nokia 5110 (1998)

    The 5510 was one of the first phones with a replaceable cover - and also one of the first to feature Snake. Which, kids, was a game in the olden days which drove. Us. Mad.

  • Nokia 7650 (2002)

    The 7650 was promoted in conjunction with the film Minority Report, but was actually fairly futuristic for its time. Beyond its experimental looks, it came with Nokia's first full colour screen and a built-in camera. This phone made Nokia the largest manufacturer of digital cameras in the world, the company claims.

  • Nokia 7600 (2003)

    The notoriously awkward, and now notoriously awesome 7600 featured a teardrop design, and a fabulously difficult to use interface.

  • Nokia 1100 (2003)

    The 1100 is one of the best-selling consumer devices ever made - 250 million have been shipped worldwide, largely in the developing world, due to its sustainable design, cheap price and built-in flashlight and radio.

  • Nokia 7280 (2004)

    Alongside the 7600, the 7280 is one of the weirdest phones ever produced. It featured a screen that faded to a mirror when it was inactive and used a Navi-spinner in the place of a keypad.

  • Nokia N93

    Just look at it.

  • Nokia 8800 (2005)

    The 8800 was a self-consciously premium device which featured a brushed-metal body, fine-pitch glass and ball-bearings in the slider. You probably weren't able to afford one.

  • Nokia Lumia 800 (2011)

    The Lumia 800 and 900 are Nokia's flagship Windows Phone 7 devices. They've since shared a gold award from the Industrial Designers Society of America, and are widely seen as - in industrial design at least - among the most beautiful devices currently on sale.

  • Nokia Lumia 900 (2012)

    The Lumia 800 and 900 are Nokia's flagship Windows Phone 7 devices. They've since shared a gold award from the Industrial Designers Society of America, and are widely seen as - in industrial design at least - among the most beautiful devices currently on sale.

  • Nokia Asha 306 (2012)

    The Nokia Asha 306 brings a full-touch smartphone experience to emerging markets, and in the spiritual inheritor to the Nokia 1100.