Right now, Nokia It is not even the shadow of what it was. About a decade ago, the Finnish company dominated the telephony market, but they did not know how to renew themselves when iOS and later Android entered the scene. At the time they had to sell their mobile division to Microsoft, although they are not doing much better with the company now run by Satya Nadella, and they were not able to launch any phones until 2016.
Now that the period that prevented them from launching phones is over, it seems that Nokia wants to regain part of the lost ground and today announced that will buy Withings, a company that creates smart scales, devices that track physical activity and other types of health-related devices. Withings is a French company and Nokia will have to pay 170 million euros to buy it, an agreement that, if there is no unforeseen event, will be signed between July and September of this year.
Withings to join Nokia after summer
Undoubtedly, this acquisition means that the Finnish company wants to return through the front door to a market that they should never have abandoned. With the lesson well learned, we all hope to see new Nokia devices and their new mobiles are expected to use the Android OS, something that they refused to do in the past, saying that "Using Android would be like pissing one's pants" with the Finnish sense that it is better (hot) in the short term but worse (ice cream) in the long term.
On the other hand, the acquisition may also mean that Nokia is considering the internet of things, IOT for its acronym in English. The Internet of Things is what we have all heard about but few have yet seen where a refrigerator or a washing machine can be connected to the Internet and can be used remotely. We will see what the Finnish company has planned, but the competition is always good.