Nokia to offload luxury phone arm Vertu for $265 million to Permira
0. phoneArena 30 Apr 2012, 03:02 posted on
Rumors surfaced again that the Finns will be selling Vertu to the venture capital firm Permira for the equivalent of $265 million, which is on the low end of the initial Vertu valuation we heard about in December. That is about a year worth of Vertu revenue, according to most estimates, coming from gold-plated phones with sapphire keys, and other luxury adornments.
This is a discussion for a news. To read the whole news, click here
2. grif_ (Posts: 61; Member since: 28 Apr 2012)
just a thought, they could have used vertu to make meego or android devices.
4. Sangeet (Posts: 232; Member since: 21 Apr 2012)
Launch a Gold version of the Nokia Lumia 900 and then see how many rich buyers they will get
But the just launch the sick S40 platform, and that's why Vertu couldn't make that much impression in the minds of the people
5. mercorp (Posts: 1023; Member since: 28 Jan 2012)
If samsung buys vertu....i hope i will see a galaxy vertu...