Withings

Nokia completes the sale of its digital health unit to Withings co-founder Eric Carreel, who plans to relaunch it as a Paris-based startup by the year's end

Ingrid Lunden / TechCrunch :

Nokia to sell its digital health division to Eric Carreel, cofounder of Withings, which Nokia acquired for €170M in 2016; deal expected to close late Q2 2018

Nokia's unsuccessful foray into digital health hardware and services looks like it is finally coming to an end.

Nokia starts “strategic review” of its digital health business less than two years after buying Withings, plans 400+ job cuts as part of €1.2B cost-savings plan

Nokia enters the digital health realm with $192 million acquisition of France's Withings

Nokia has today announced that it is acquiring Withings, the company behind a range of connected health products, including watches, fitness bands, sleep-trackers, thermometers, and scales.