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Feb 15, 2018

Nokia may dump its health tech business

Has Nokia had enough of the health tech world? Just two years after entering the industry with its $190 million purchase of French company Withings, the company has announced it’s launching a “strategic review of its digital health business.” A terse blog post said the firm was considering its “strategic options” with regards to health care, and that this “may or may not result in any transaction or other changes.”

So, plenty of clear guidance there.

What this means exactly isn’t 100 percent clear, but reviews like this don’t happen when everything is peachy. Nokia has had more than a few difficulties with its Withings purchase, ranging from product woes (including backlash over its redesign of the Withings health app, and the w...

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from The Verge - All Posts http://ift.tt/2Gg5BM7

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