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
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.