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We’ve already heard that Nokia is considering to sell its luxury arm Vertu. The word has comes that it’s a done deal with investment firm EQT VI buying the company from the Finnish company. The price is unknown at the moment, though some sources suggest it is valued at an estimated 200 million EUR (~$249 million). Moreover, Nokia will apparently maintain a 10% stake in Vertu.
So what can we expect from future Vertu phones? For one thing, the company plans to abandon Symbian and adopt Android as a main platform. No doubts we’ll see some specially designed themes on forthcoming Android smartphones from Vertu.
But that’s not all – we’re also hearing that the former Nokia executive Anssi Vanjoki will lead the new company. Mr. Vanjoki resigned from Nokia back in 2010, after not being promoted to the CEO role.
Nokia has never disclosed the specific financials of Vertu’s business, but EQT claimed the 2011 sales were 266 million EUR (~$334 million).
[Via: TechCrunch]
About The Author
Dusan Belic
Dusan has been using smartphones since their introduction and is now following the latest trends in the industry. The "convergence" is what he's most excited about, and writing about it is the next logical thing to do. He thinks that using a smartphone is what everyone who cares about their time should do. In addition to his interests in mobile phones, Dusan also loves to experiment with the latest web and mobile 2.0 services. The idea of accessing and managing your information from any device no matter where you are simply amazes him. Whether it's an online to-do list, note taking service or a video sharing social network, he's there to try it out. He admits though, he's still searching for the ultimate web-based organizational tool, which "sings" perfectly with the mobile PIM application. Dusan used to run SymbianWatch.com which later became part of IntoMobile. He lives in Serbia, South-East Europe, from where he edits the site on a daily basis.
