In a surprising turn, Withings founder Eric Careel bought his company back from Nokia, two years after selling it for $200 million. The circumstances were fortuitous: Nokia was looking to offload the digital health business, which it had apparently come to see as a failed experiment.
Less than four months after the deal, the company has launched its first device in this newest iteration of the...
It's official — Eric Carreel, cofounder of French health tech company Withings, has bought back Nokia’s digital health division two years after it was sold to the Finnish tech giant. Carreel plans to relaunch the Withings brand by the end of 2018, according to a statement.
“I am delighted to start working again with the brilliant teams that made the brand such a great success,” Carreel said in a...
Almost exactly two years after Nokia acquired French health technology company Withings, it has announced that it is in negations to sell its digital health division back to Withings cofounder Éric Carreel. The deal is expected to close in late Q2.
"Nokia and Éric Carreel recognize that as an original Co-Founder of Withings, he is best positioned to carry the company forward into its next phase...
Less than two years after Nokia ventured into digital health territory with its acquisition of French health tech company Withings, the Finnish company could be on the verge of selling off its digital health division, according to reports from a French publication, Les Echos.
Nest, the Alphabet subsidiary focused on smart home devices, is chief among those most interested in making the purchase...
Innovators compete. Ascensia Diabetes Care has announced the six finalists in its innovation competition, which is aimed at finding digital platforms to support Type 2 diabetes management. The competition included 116 submissions from North America, Asia, and Europe. The six finalists are: Foodient by Whisk, an artificial intelligence-powered dietary app that connects to large grocery retailers,...
Nokia’s dive into the digital health industry may be coming to a halt, reveals a memo leaked to The Verge earlier this week. This comes less than two years after the Espoo, Finland-based company created its digital health unit through the acquisition of French digital health company Withings for $191 million.
“[R]ather than only falling in love with our technology, we must be honest with...
This week Nokia Technologies announced both a strategic review of the digital health department and an update on its cost saving reduction plan, which could result in substantial layoffs. This comes not two years after Nokia created its digital health unit through the acquisition of French digital health company Withings for $191 million.
According to Nokia, however, the strategic review and job...
Nokia has announced that it will disable the pulse wave velocity measurement feature on its Withings’ Body Cardio scale as of January 24. The company said it is now learning the technology may require a different level of regulatory approval. However, no specific regulation is cited and the company said the FDA did not recommend or request the removal.
“There was not a specific regulatory issue...
As promised, Nokia has officially launched its suite of consumer digital health tools that formerly lived under the Withings name. Along with the connected scale, blood pressure monitor, thermometer and activity tracker, Nokia has also released a digital program for chronic condition management called the Patient Care Platform and an updated version of the Health Mate app.
The technology company...
On Monday, June 5th Apple will present its worldwide developers' conference (WWDC), an annual event where the company announces new features and products it's launching in the near future. While the focus is usually on new iPhones, Macs, or iPads, it wouldn't be out of character for the company to announce news about its various healthcare ventures as well.
After all, it was at WWDC in 2014 that...
