Nokia completes acquisition of Withings

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Establishing a new digital health business unit led by former CEO of Withings

Nokia has announced that it has closed the acquisition of health technology firm, Withings earlier than had been expected.

Through this acquisition, originally announced on 26 April 2016, Nokia Technologies has established a new digital health business unit led by Cédric Hutchings, formerly CEO of Withings, who reports to Ramzi Haidamus, president of Nokia Technologies.

The Digital Health business unit combines the employees from Withings and experts from the preventive health and patient care teams in Nokia Technologies.

The new business unit builds on the pioneering work of Withings, offering a family of award winning digital health products designed to fit into people’s lives, empowering them to make smarter decisions about the health and wellbeing of themselves and their families.

The product line includes activity trackers, smart body analyser scales, thermometers, blood pressure monitors, home and baby monitors and more, built on a sophisticated digital health platform.

Together, under Hutchings’ leadership, the digital health team will continue to design smarter products for healthy living, claimed Nokia’s Haidamus: “This is the beginning of an exciting new chapter in the history of Nokia Technologies as we extend our product portfolio to include a series of powerful digital health technologies,” commented Haidamus. “The Nokia brand is synonymous with innovation, connectivity and consumer technology and the acquisition of Withings puts us in a perfect position to capitalize on the huge opportunity in the health space. We’re excited to welcome the Withings team to the Nokia family.”

On 9 June Nokia Technologies will be hosting an invitation only event in San Francisco to share its vision for digital health and showcase its products, coinciding with the opening of its San Francisco office, in the heart of the Bay Area.

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