Nokia aims to enter the digital health industry and acquires Withings

In order to enter the digital health market where Nokia is growing in recent years, smart scale "Withings WS-50"And smart watch"Withings Activite"We develop fitness products such asWithingsWe announced that we will acquire. The acquisition amounted to 170 million euros (about 21.3 billion yen) and it is aiming for completion of the acquisition during the third quarter of 2016.

Nokia plans to acquire Withings to accelerate entry into Digital Health | Nokia
http://company.nokia.com/en/news/press-releases/2016/04/26/nokia-plans-to-acquire-withings-to-accelerate-entry-into-digital-health

Withings joins Nokia
http://www.withings.com/uk/en/withings-nokia

After selling the mobile phone business to Microsoft in 2014, Nokia said it has been working on achieving the long-term goal of "reviving the position as an electric appliance maker". Mr. Rajeev Suri, president and CEO of Nokia, has shown a long-term strategic interest in the digital health market and has used Withings as "health-related digital products and services, providing health and productive He is a pioneer and leader in the healthcare industry that supports life. "

Withings cooperates with smartphones to automatically record everyday activities "Withings Activite", a smart scale "Withings WS - 50", health related products such as thermometers, blood pressure monitors and home net cameras In addition to holding its head office in France, we have a total of approximately 200 employees in branches in the US, Hong Kong and other areas. Mr. Suri commented, "With this acquisition, we can strengthen Nokia's position in the IoT field."

ByPierre Metivier

Ramzi Haidamus, representative of Nokia's advanced science and technology and intellectual property department department Nokia Technologies, said, "Withings and Nokia share the future outlook of the digital health industry.Withings products are smart and design It is excellent in sex and already supports the healthy living of many people.It combines the innovation of Nokia and the products of Withings and it will become the leader of the next wave of the digital health world " I will.

On the Withings side, CEO Cedric Hutching stated, "Since the foundation of Withings, we have been passionate about recording the lives of people and improving their health, becoming a member of Nokia, We are looking forward to providing more people around the world with our attitude towards it. " "Additionally, while acquisitions are major news, Withings is at the top of user's satisfaction," he says.

Nokia announced that it will purchase 170 million euros (approximately 21.3 billion yen) and will complete the acquisition process by the third quarter of 2016.

◆ 2016/06/02 10 o'clock additions
Announced that Nokia completed the acquisition of Withings earlier than expected. In addition, an event will be held in San Francisco on Thursday, June 9, 2016, and it is expected that new products will be shown along with the opening of a new office.

Nokia completes the acquisition of Withings | Nokia
http://company.nokia.com/en/news/press-releases/2016/05/31/nokia-completes-the-acquisition-of-withings