Nokia buying wearable maker Withings
Nokia has confirmed that they're going ahead with the purchase of French company Withings, which makes stylish wearables
Remember Nokia? Well the company is still around, and it's about to branch out into the world of wearables.
The first move was announced today with the acquisition of French company Withings. They're known for producing some of the most stylish wearables around, including the gorgeous Activité range which features an analogue watch face and a secondary dial for fitness tracking.
Withings also produces a range of health and connected products, including a smart scale, an alarm clock that gently wakes you, a blood pressure monitor and wireless home camera. That adds a huge amount to Nokia's portfolio, which it will be taking on for $191 million.
This sale points to Nokia's plans for the future, with a major revival of the brand on the horizon. Hopefully it works out better than the deal with Microsoft which saw them divebomb out of the smartphone race.