Don Dingee
Moderator
... and it's not in mobile phones.
Nokia to buy digital health firm Withings for $191 million | Re/code
Withings is one of the more recognized brands in digital health, particularly for its Wi-Fi digital scale.
Nokia has a stated goal to get back in a consumer business, not just stay in the mobile infrastructure business. We've been saying for some time the next play is IoT infrastructure - this isn't a huge stretch.
This sets up an interesting dynamic as more and more of the IoT startups are looking for big acquisition partners.
Nokia to buy digital health firm Withings for $191 million | Re/code
Withings is one of the more recognized brands in digital health, particularly for its Wi-Fi digital scale.
Nokia has a stated goal to get back in a consumer business, not just stay in the mobile infrastructure business. We've been saying for some time the next play is IoT infrastructure - this isn't a huge stretch.
This sets up an interesting dynamic as more and more of the IoT startups are looking for big acquisition partners.