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Nokia to offload luxury phone arm Vertu for $265 million to Permira

0. phoneArena posted on 30 Apr 2012, 03:02

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.

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posted on 30 Apr 2012, 03:32 2

1. grif_ (Posts: 61; Member since: 28 Apr 2012)

those phones are ugly anyway.

posted on 30 Apr 2012, 03:34 7

2. grif_ (Posts: 61; Member since: 28 Apr 2012)

just a thought, they could have used vertu to make meego or android devices.

posted on 30 Apr 2012, 03:55

3. bbblader (Posts: 590; Member since: 24 Oct 2011)

finally a vertu luxury phone with design

posted on 30 Apr 2012, 04:08 4

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

posted on 30 Apr 2012, 09:19 2

5. mercorp (Posts: 1043; Member since: 28 Jan 2012)

If samsung buys vertu....i hope i will see a galaxy vertu...

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