This morning, Nokia announced that it had acquired Withings, maker of a variety of popular connected home and health accessories. You may know Withings for their smart WiFi scales, baby monitors, and “smart” watches, but they also make blood pressure monitors, thermometers, baby scales, and odd-but-kind-of-neat alarm clock/light thingies.
The acquisition allows Nokia to continue a push into the connected health market, which is “rapidly growing.” Withings and its line of products will, of course, be at the center of this approach, which is to become the “world leader in the connected health market.”
The press release for the acquisition did not mention if any major changes will come once this has been completed. The purchase price was EUR 170 million, though.
Via: Withings (PDF)
This post was last modified on April 26, 2016 9:07 am