Withings returns as Nokia sells digital health business
June 5, 2018
Nokia has sold its digital health business to Eric Carreel (pictured), co-founder and former chairman of Withings. Nokia acquired Withings in 2016.
The move, which will see the return of the Withings brand name, follows a review of strategic options for the business. The sale is part of Nokia's planned focus on becoming a business-to-business and licensing company.
The licensing businesses of Nokia Technologies are not affected by the sale.
Nokia announced a review of strategic options for the digital health business in February 2018. The business portfolio includes consumer and enterprise products, and it manufactures and sells an ecosystem of hybrid smart watches, scales and digital health devices to consumers and enterprise partners.
In a statement on Nokia’s web site, Carreel said: Two years ago, Withings – the pioneering connected health company I co-founded in 2008 with Cédric Hutchings –joined Nokia. Since this time, the digital health business has made significant progress, releasing new products and applications. I am pleased to announce that I have purchased Nokia’s connected health business.
“My ambition is to continue to expand on my original mission: to help people take care of their health via cutting-edge connected objects and services that integrate simply and elegantly into their lives. We know that by providing easy and enjoyable access to unique health indicators, and helping people understand how they can take action, we can help to prevent certain chronic diseases and improve health worldwide.
“Since its inception, Withings has been synonymous with award-winning innovation and design. To build on this tradition of quality, I will prepare the return of the Withings brand by the end of the year, a goal that is at the heart of a strategy focused on innovation that aims to surprise, delight and, above all, help our users achieve optimal health and wellness.
“To help with this mission, I am pleased to report that I will be working with the same multidisciplinary team that I had the honour to co-build, the same team that has been at your service since the launch of the world’s first connected scale.
“Finally, I want to thank you for being on this journey with us. I assure you, whether you have been with us for one day or throughout the years, your digital health products and services will continue to be supported.”
Withings relies on a team comprising engineers, developers, managers and technicians, more than 200 people largely based in its original headquarters in Issy-LesMoulineaux, France.
Withings’ products include activity tracking watches, connected scales, blood pressure monitors, a smart thermometer and a sleep tracking pad. All data collected are analysed and interpreted in the free Health Mate app, where users can find a complete vision of their health together with motivational advice to understand the key aspects of health and well-being.