June 13, sources said two sources familiar with the matter, according to Bloomberg, Nokia will supply the Swedish private equity fund EQT, Partners to sell Vertu luxury handset division, and will soon reach an agreement. Nokia is stripped in accordance with the revitalization plan assets.
One of the sources said the deal Vertu sector valuation of about 200 million euros (about $ 250 million). Negotiations are conducted in private, the person declined to be identified. Another source said, the agreement was first announced this week. In Church Crookham, England, Vertu's mobile phone to sell precious stone known, the average selling price of this phone is more than 5000 euros. leather case for ipad
Nokia CEO Stephen Elop (Stephen Elop) for the rehabilitation by Google and Apple's hit mobile phone business is the sale of assets. The company also hopes to rebuild its key North American market with Microsoft software, and an agreement with AT & T and T-Mobile USA, sales of the Lumia flagship smart phone.
IDC in the London-based analyst Francisco jeronimo (Francisco Jeronimo): "Vertu is a very special niche market, niche market in continuous development." Vertu new owner will be faced with how to achieve device technology competitive challenges of modernization, and with Apple's iPhone device, the phone basically running Symbian, Nokia has been abandoned. iPad leather cases
In this regard, Nokia and Vertu's representatives declined to comment.
Vertu brand of Nokia's chief designer Frank Nuovo (Frank, the Nuovo) was founded in 1998, the dominant brand in the field of luxury mobile phone, according to IDC, in 2010, Vertu mobile phones accounted for about 60 percent of European luxury mobile phone market share. smart case for iPad 2
The luxury mobile phone business has been a rare bright spot in one of Nokia. Nokia shares have dropped nearly 40 percent, the worst-performing stock in the Stoxx 600 Technology sector index 27. Day in Helsinki, Nokia shares rose 0.2 percent to 2.26 euros / share, the market value of about 8.5 billion euros.
One of the sources said the deal Vertu sector valuation of about 200 million euros (about $ 250 million). Negotiations are conducted in private, the person declined to be identified. Another source said, the agreement was first announced this week. In Church Crookham, England, Vertu's mobile phone to sell precious stone known, the average selling price of this phone is more than 5000 euros. leather case for ipad
Nokia CEO Stephen Elop (Stephen Elop) for the rehabilitation by Google and Apple's hit mobile phone business is the sale of assets. The company also hopes to rebuild its key North American market with Microsoft software, and an agreement with AT & T and T-Mobile USA, sales of the Lumia flagship smart phone.
IDC in the London-based analyst Francisco jeronimo (Francisco Jeronimo): "Vertu is a very special niche market, niche market in continuous development." Vertu new owner will be faced with how to achieve device technology competitive challenges of modernization, and with Apple's iPhone device, the phone basically running Symbian, Nokia has been abandoned. iPad leather cases
In this regard, Nokia and Vertu's representatives declined to comment.
Vertu brand of Nokia's chief designer Frank Nuovo (Frank, the Nuovo) was founded in 1998, the dominant brand in the field of luxury mobile phone, according to IDC, in 2010, Vertu mobile phones accounted for about 60 percent of European luxury mobile phone market share. smart case for iPad 2
The luxury mobile phone business has been a rare bright spot in one of Nokia. Nokia shares have dropped nearly 40 percent, the worst-performing stock in the Stoxx 600 Technology sector index 27. Day in Helsinki, Nokia shares rose 0.2 percent to 2.26 euros / share, the market value of about 8.5 billion euros.
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