https://www.theverge.com/2018/5/2/17310378/nokia-selling-withings-digital-health-business-eric-carreel

Nokia has announced plans to sell its struggling health tech business back to Éric Carreel, co-founder of Withings, the French startup Nokia bought in 2016.

Terms for the deal have not been announced, but the Finnish tech giant is surely taking a substantial loss on the sale. Nokia bought Withings two years ago for $191 million, before rebranding the startup’s products (including a smart scale and various well-recieved fitness tracker watches) as part of its new “Digital Health” business in 2017.