Apple has pulled all products on sale by French company Withings, which is now a owned subsidiary of Nokia, following the recent patent suit by Nokia.
The new suit comes five years after the initial case against Apple by Nokia, which was settled, following a series of hearings. The new suit filed by Patent asserting entities or PAEs on behalf of Nokia, has caused a stirrup in the tech community. Following the news Nokia’s shares fell by 5% the next day, as investors feared a long expensive legal battle that Nokia does not have the power or finances to fight.
The new lawsuit covers covers 32 patents, including display, user interface, software and [...]
One would imagine that not a lot of strength is left in the once smartphone giant, Nokia. However, that clearly is not the case. The french health company Withings will become a part of Nokia technologies according to reports.
The acquisition will happen over the year for a total cost of US $191 million. The company looks at re-emrging as a consumer favorite brand after major demise and offloading of its smartphone division to Microsoft.
“Withings shares our vision for the future of digital health and their products are smart, well designed and already helping people live healthier lives,” said Ramzi Haidamus, president of Nokia Technologies. [...]