Nokia sells Vertu luxury phone division to private equity firm

News that Nokia planned to sell its Vertu luxury handset brand to a private equity firm broke earlier this week, and now the company has announced it officially. Nokia is selling the whole division to EQT VI, but it is holding on to a ten percent share in the brand. Read the full story here.

Article by Dan Seifert (c) MobileBurn.com - Read full story here.