April 27th, 2016 5:08 PM 0 COMMENTS

Nokia says buying digital health firm Withings to bolster IoT play

Nokia said that it is buying French fitness gadget maker Withings for EUR 170 million or $191 million to bolster its position in the Internet of Things domain. The acquisition is expected to close in early third quarter of the ongoing financial year, subject to regulatory approvals and customary closing condition, the company said, adding that Withings will be part of Nokia Technologies business. "We have said consistently that digital... Read More

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