Nokia in talks to promote its Well being Division again to its former proprietor
Nokia has formally confirmed it is in talks to promote its Well being Division to Eric Carreel – French edngineer, entrepreneur and Withings co-founder.
Nokia purchased Withings in 2016 for 170m and made it the middle of its Well being Division. However that division is not doing financially nicely, which prompted Nokia to reassess its future again in February. That reassessment is finished and Nokia cannot see its Well being Division scaling and enhancing sooner or later.
It is not but clear how a lot Eric Carreel is providing for Nokia’s well being enterprise (and his former firm) and no phrases have been agreed upon simply but.
However Samsung and Google’s Nest division have expressed curiosity in Nokia’s Well being Division too.
Nokia added Withings to its companies again in 2016 to counter Apple’s Well being Package however has transitioned to a business-to-business and licensing targeted operation within the later years.