Nokia is in discussions to sell its health division Withings back to its original co-founder and chairman Éric Carreel, the company announced on Wednesday.
The planned sale is part of Nokia's honed focus on becoming a business-to-business and licensing company, it said in a press release. The deal is expected to close towards the end of June.
Withings is best known for its Activité smartwatch line, but also has a number of health-related products, including a sleep tracker, connected scales and a wireless blood pressure monitor. Nokia's attempt to get back into hardware also included the short-lived Ozo VR camera, but killed the product off , purportedly to focus on digital health.
The company is now switching focus again to licensing its extensive patents. It also licenses its name to HMD Global, which makes Nokia-branded phones.