GSMArena.com - Latest articles: Nokia completes Digital Health business sale

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GSMArena.com is the ultimate resource for GSM handset information. This feed contains the latest articles (news and reviews) in chronological order. 
Nokia completes Digital Health business sale
May 31st 2018, 17:45

Nokia announced today that the deal for the Digital Health business was closed with Withings. The Finnish company sold the division back to its previous owners for an undisclosed sum. The licensing business of Nokia Technologies will not be affected, the current devices will keep selling, but new gadgets will sold under the Withings brand. Back in 2016 Nokia bought the French startup for €170/$192 million, but after the unimpressive performance and switching its internal focus, it decided to sell it. Instead of developing gadgets for the user market, Nokia will focus on medical...

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