Finland's Nokia is abandoning its foray into health hardware and services, selling off that unit to Eric Carreel — one of the founders of Withings, which was acquired just two years ago to form the core of the division.
Continuing a pattern of reviving older designs in an attempt to stay relevant in the mobile phone industry, Nokia has resurrected one of its more famous designs, bringing back the Nokia 8110 as a feature phone with a bigger screen and a sleeker appearance, while still retaining its well-known physical slide-out design.
Less than two years after Nokia bought health and fitness gear maker Withings for $192 million, the major investment appears to be problematic for the Finnish company, as a new memo suggests its health business may not last much longer.
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In the terms of their new patent dispute resolution, Nokia revealed it will be providing network infrastructure products to Apple — a partnership that one Wall Street analysts could see Nokia significantly grow its IP router business by supplying Apple's datacenters.
Apple and Nokia on Tuesday said they have reached settlement in a five-month legal dispute over patent licensing practices, with the Cupertino tech giant agreeing to a multi-year license on the former top cellphone maker's intellectual property.
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Apple and a handful of partner cellular carriers are the target of a new lawsuit leveled by Acacia Research subsidiary Cellular Communications Equipment, which alleges the iPhone maker infringed and continues to infringe on four patents developed by Nokia covering messaging, emergency alerts and other key cellular technologies.
Nokia is making a bigger push into the healthcare market, announcing at Mobile World Congress that the health and fitness accessory maker Withings will rebrand its products under the Nokia name, as well as revealing a "Patient Care Platform" that appears to directly compete against Apple's HealthKit.
Nokia's legal action against Apple appears that it may be a defensive measure, as Apple has also filed suit against nine Nokia-aligned patent aggregators, alleging that the group is guilty of trying to squeeze money out of Apple with abusive licensing terms for standards-essential patents.