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Say 'Rebonjour' To Withings As Nokia Sells Back Digital-Health Biz To Carreel

 
• By Tina Tan

Finnish tech giant Nokia has exited the health-care space after completing the sale of its digital-health business to Eric Carreel, the French cofounder of fitness and health gadget maker Withings, which Nokia acquired only two years ago.

severing ties and boycott concept
Nokia cuts its losses early and sells digital health biz back to Withings co-founder

In a move to cut its losses, Nokia has sold off its digital-health business just two years after acquiring it.

Nokia announced in early May it was selling the business for an undisclosed amount to Eric Carreel, the cofounder and former chairman of Withings, the company that Nokia bought in...

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