Nokia is buying smart scale company Withings for $191 million

Withings acquired by Nokia

Nokia has announced plans to buy Withings for $191 million. The French company is best known for manufacturing fitness trackers and smart bathroom scales that connect to your mobile devices.

“When we were approached by Nokia, it was inspiring to discover how perfectly aligned our visions are,” Withings CEO Cédric Hutchings wrote in a blog post. “Users’ satisfaction remains our main concern: yes, our applications and products will continue to work in the same way!”

“With this acquisition, Nokia is strengthening its position in the Internet of Things,” Nokia president Rajeev Suri said in a statement.

Along with the products listed above, Withings has created a sleek and stylish smartwatch that is perfect for a night on the town. The Withings Activité is a “swiss-made” watch that retails for as much as $450.

Withings also develops various fitness trackers, connected bathroom scales, smart thermometers, blood-pressure monitors, and baby monitors.

Withings was founded in 2008 and has been a popular attraction every year at CES.

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Nokia merged with Alcatel-Lucent in a $17 billion deal earlier this year after Microsoft sold the company less than two-years after acquiring it.

Written by Franklin Simmons

Franklin Simmons

Franklin Simmons is BusinessPundit's Tech Editor. His life is consumed with a love of augmented reality, mobility, and emerging technology. He extensively covers all areas of technology, including the computing, automotive, and healthcare sectors. He can be reached at College Reviews