Nokia disposes of Withings and yet another Technologies President
Nokia has indicated that Gregory Lee’s main job was to get rid of Withings, so now that process is complete he’s moving on.
Nokia has indicated that Gregory Lee’s main job was to get rid of Withings, so now that process is complete he’s moving on.
Having indicated it wanted to get out of the digital health game earlier this year, Nokia is selling Withings back to the bloke it bought it from.
Finnish networking vendor Nokia has announced a strategic review of its Digital Health business, which is usually a sign that it wants to get rid of it.
The first major set of announcements since the Withings acquisition sees Nokia make its move with a portfolio of devices designed to help people keep an eye on their health.
Having sold off much of the family silver over the past few years Nokia is buying again and signalling a strategic move towards IoT by spending €170 million on French digital heath company Withings.
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