Nokia

The watch's key features are VO2 max monitoring, connected GPS tracking, and 25 days of battery life.

It's official — Eric Carreel, cofounder of French health tech company Withings, has bought back Nokia’s digital health division two years after it was sold to the Finnish tech giant.

Almost exactly two years after Nokia acquired French health technology company Withings, it has announced that it is in negations to sell its digital health division back to Withings cofounder Éric Carreel.

Less than two years after Nokia ventured into digital health territory with its acquisition of French health tech company Withings, the Finnish company could be on the verge of selling off its digital health division, according to reports from a French publication, Les Echos.

Innovators compete.

Nokia’s dive into the digital health industry may be coming to a halt, reveals a memo leaked to The Verge earlier this week.

This week Nokia Technologies announced both a strategic review of the digital health department and an update on its cost saving reduction plan, which could result in substantial layoffs.

Nokia has announced that it will disable the pulse wave velocity measurement feature on its Withings’ Body Cardio scale as of January 24.