Visit Homepage
Press "Enter" to skip to content

Nokia set to divest Digital Health division

Nokia is planning to sell its Digital Health business to Éric Carreel, co-founder and former chairman of French consumer electronics company Whitings.

The firm announced a review of strategic options for its Digital Health unit in February. The planned sale is part of Nokia’s focus on becoming a business-to-business and licensing company.

The transaction is subject to terms agreed in the negotiations and completion of the information consultation with the Works Council of Nokia Technologies (France) SA., with the deal expected to close in late Q2 2018.

Nokia said the Digital Health’s business portfolio includes consumer and enterprise products. “It also manufactures and sells an ecosystem of hybrid smart watches, scales and digital health devices to consumers and enterprise partners,” it added. “The licensing businesses of Nokia Technologies are not affected by the announcement.”



Be First to Comment

Leave a Reply

© 2018 R. van der Draay/Telecom Times Except as permitted by the copyright law applicable to you, you may not reproduce or communicate any of the content on this website, including files downloadable from this website, without the permission of the copyright owner. The Australian Copyright Act allows certain uses of content from the internet without the copyright owner’s permission. This includes uses by educational institutions and by Commonwealth and State governments, provided fair compensation is paid. For more information, see and The owners of copyright in the content on this website may receive compensation for the use of their content by educational institutions and governments, including from licensing schemes managed by Copyright Agency.