Nokia purchased the French digital health company Withings back in 2016 and less than two years later is considering what to do with it. An official press release stated the Digital Health business is going into strategic review, effectively meaning Nokia is thinking if it should sell or even shut down the whole department.
Nokia Steel HR
Losing the Digital Health division could be a big blow for Nokia. The info about a strategic review comes just 4 months after canceling the OZO VR project due to slower-than-expected development of the market.
In the brief press message the company also stated that the Patent Business, Brand Partnerships and Technology Licensing units in Nokia Technologies are not in the scope of this review.