Finnish company Nokia has decided to sell the digital health and fitness accessory business it acquired in 2016 from Withings for $192 million back to Éric Carreel, who is the co-founder of the French health tracking company.
Withings
Nokia Sleep takes on Apple’s Beddit with this new sleep monitoring system
Announced in Las Vegas at CES, the Nokia Sleep is described as an "advanced sensor" built directly into your mattress pad. The Wi-Fi connected device slips under your mattress with the goal of monitoring and recording sleep patterns.
Withings products removed from Apple Stores following Nokia patent row
iOS-compatible smart bathroom scales, thermometers, fitness watches and other HomeKit-enabled smart accessories by French health tracking company Withings have been removed from both online and brick-and-mortar Apple Stores following the latest legal spat with Nokia.
Wait, what do Withings products have to do with the Nokia patent row, you ask. Well, Nokia bought Withings in April 2016 for a reported $192 million, integrating their products into its Digital Health unit led by former Withings CEO Cedric Hutchings. The removal was first reported by MacRumors.
Nokia is buying French health tracking company Withings for a reported $192 million
Nokia said this morning that it's buying French health tracking company Withings for a reported €170 million, or about $192 million, as it looks to gain a foothold in the competitive digital health market.
Withings, which designs, builds and sells wearables with health and fitness tracking features, as well as devices for the connected home such as smart weighing scales, thermometers, blood pressure monitors, home and baby monitors and so forth, will become part of Nokia's Technologies business.
CES 2015: Withings launches iOS-compatible $150 Activité Pop fitness watch
Yesterday at the 2015 International CES show, accessory maker Withings unveiled a new lineup of Activité Pop fitness watches with activity and sleep tracking capabilities.
A successor to the Activité watch that Withings unveiled at last year's CES, the new Activité Pop is available in several vivid colors and features a secondary hand dial to show your progress as determined by the Health Mate companion app.