• Nokia Exec Leaves After 21 Years To Start ‘Vision+’ Fund, Promptly Partners With Nokia

    Robin Wauters

    Robin Wauters is the European Editor of tech blog The Next Web and lead editor of Virtualization.com. He was a senior staff writer at TechCrunch until his departure in February 2012. Aside from his professional blogging activities, he’s an entrepreneur, event organizer, occasional board adviser and angel investor but most importantly an all-round startup champion. Wauters lives and works in... → Learn More

    Wednesday, August 31st, 2011
    tero_5

    Nokia this morning announced that Tero Ojanperä, former CTO and currently Executive Vice President and a member of the company’s ‘Leadership Team’, is leaving the flailing phone manufacturer at the end of this month, after serving Nokia for 21 years.

    He will take on a new role as managing partner of a new investment fund called Vision+. Amusingly, Vision+ has already formed a deep partnership with Ojanperä’s former employer.

    Vision+ is an investment fund, run independently but with Nokia as an ‘anchor investor’, that will back product development projects, specifically targeting app and games development for Nokia’s ecosystem and even more specifically the Windows Phone platform.

    The fund aims to expand into other areas, including cleantech, in the future.

    On a sidenote: BT actually sells a digital TV recorder product called the Vision+ box – obviously not related.


    Company: Nokia
    Website: nokia.com
    Launch Date: 1865
    IPO: August 7, 1994, NYSE:NOK

    NOKIA is a Finnish multinational communications corporation. It is primarily engaged in the manufacturing of mobile devices and in converging Internet and communications industries. They make a wide range of mobile devices with services and software that enable people to experience music, navigation, video, television, imaging, games, business mobility and more. Nokia is the owner of Symbian operation system and partially owns MeeGo operating system.

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