Can Nokia enter the VR Internet of Things to return?

Entering this year, the industry's news that Nokia will return to the mobile phone manufacturing industry this year is endless.

However, just as everyone is looking forward to Nokia's official release of the new machine, Finland's Nokia recently announced a small relationship with the mobile phone: Nokia plans to acquire Withings for 170 million euros to accelerate into the digital health field.

Withings is a French digital health hardware manufacturer. Founded in 2008, the company is an early entry into the field. Its AcTIvte smart watches, bracelets, sphygmomanometers, smart weight scales and other digital health products have also been welcomed by many consumers. In addition, Withings has a digital medical platform.

Nokia's entry into VR Internet of Things Can you return?

It is reported that the transaction will be settled in cash and is expected to be completed in the third quarter of 2016. Rajeev Suri, current president and CEO of Nokia, said in a statement:

Nokia has always been interested in the digital health field, and now we are entering the market with M&A as an opportunity to build a solid foundation. And through this acquisition, Nokia will strengthen its position in the Internet of Things field.

Judging from the remarks of Rajeev Suri, Nokia still expects to enter the blue ocean with high added value. According to relevant personnel, medical care will become an important part of the Internet of Things, and the compound annual growth rate of mobile medical care is as high as 37%.

In addition to this, Nokia has a certain layout in the current hottest VR field.

After the giants were getting together for the sale of VR content consumer devices, Nokia launched OZO, which was able to shoot VR content last year. The most special place of this device is two points. One is to transmit images in real time, and the other is to splicing the images captured by the eight cameras to capture 360-degree 3D images without dead angles. Nokia Technology It is currently the only vendor that can do this.

Nokia's entry into VR Internet of Things Can you return?

And Disney also announced this week that it has signed a multi-year cooperation agreement with Nokia to promote the development of VR content. Nokia will provide Disney with hardware and software, as well as technical support to produce VR content for Disney-produced movies.

After the sale of Here Maps and the acquisition of Alcatel, Nokia completed its own business structure adjustment.

Today, Nokia is mainly composed of two departments, one of which is Nokia Network, which accounts for about 90% of the entire Nokia. It is mainly engaged in projects like R&D of 5G networks. The remaining 10% is another department called Nokia Technologies, which OZO developed. After being acquired by Nokia, Withings will also be included in Nokia's technology department.

As technology continues to evolve, Nokia Technology may also introduce new products that will surprise us in the future, just like Nokia phones many years ago. It is rumored that Nokia’s return to this year’s mobile phone is hard to say that it will be as dazzling as it used to be, or even not necessarily. After all, the mobile phone market is exhausting this year, and Apple is also falling. Nokia has always been a company that bets on the future.

The picture from the station cool heroin, illustration from WTVOX

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