October 12th, 2012

Source: Former Nokia Vet Anssi Vanjoki Will Be CEO Of EQT-Owned Vertu, Android To Replace Symbian

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Word has come through that Nokia has completed its sale of luxury phone brand Vertu to EQT VI. But TechCrunch has heard sources that Anssi Vanjoki, the 20-year Nokia veteran who resigned back in 2010, will be named the new CEO of Vertu. → Read More

June 13th, 2012

Nokia May Sell Luxury Phone Brand Vertu For €200 Million

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Nokia is reportedly in talks with a private equity group called EQT in an attempt to sell off its independent subsidiary, Vertu.

Vertu is an ultra-luxury phone brand operating independently within Nokia that makes high-end phones with stainless steel, ceramics, carbon fiber. They phones even feature sapphires and rubies as buttons.

Reuters reports that the Vertu price tag is around €200… → Read More