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Nokia completes acquisition of health devices maker Withings ahead of schedule

Finland-based Nokia Technologies announced that it has completed its acquisition of health devices maker Withings ahead of schedule. Nokia had acquired the company in April 2016 for €170 million and was expected to complete the deal by the third quarter of this year. Following this, Nokia Technologies has established a new Digital Health business unit which will be led by Withings CEO Cédric Hutchings who will report to Ramzi Haidamus, president of Nokia Technologies. Withings product line includes activity trackers, smart body analyzer scales, thermometers, blood pressure monitors, home and baby monitors and more.  Withings claims that its products work with over a 100 apps The France-headquartered company has 200 employees across its locations in Paris, France; Cambridge, US; and Hong Kong. Nakina Systems acquisition: In April,  Nokia completed acquisition of Canada-based software firm Nakina Systems.  Nakina would help enhance Nokia’s security measures across its software and…

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