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June 13, 2012 05:43 pm GMT
Nokia is reportedly in talks with a private equity group called EQT in an attempt to sell off its independent subsidiary, Vertu. Vertu, if you don't already know, is an ultra-luxury phone brand that operates independently within Nokia that makes high-end phones with stainless steel, ceramics, carbon fiber, and even alligator skin and finest grade leather, with sapphires and rubies as buttons.That said, Reuters reports that the Vertu price tag is around $200 million.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/N912olDQ5no/
Nokia May Sell Luxury Phone Brand Vertu For $200 Million
Nokia is reportedly in talks with a private equity group called EQT in an attempt to sell off its independent subsidiary, Vertu. Vertu, if you don't already know, is an ultra-luxury phone brand that operates independently within Nokia that makes high-end phones with stainless steel, ceramics, carbon fiber, and even alligator skin and finest grade leather, with sapphires and rubies as buttons.That said, Reuters reports that the Vertu price tag is around $200 million.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/N912olDQ5no/
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