Nokia continues to sweep up the debris of the past years, announcing Tero Ojanperä, its executive veep of services - and at various times CTO, CSO, and head of research - is leaving the company at the end of September.
However, he's not been cast into the wilderness.
Instead he takes the role of managing partner of new investment fund Vision+, in which Nokia will be an anchor investor.
Looking forward
The plan behind Vision+ is it will introduce a new venture funding model whereby investments are made into product-oriented projects. These will be developed directly with customers, hopefully resulting in new innovations coming onto the market more quickly.
Developers will also be able to keep their own intellectual property, enabling them to grow the value of their companies, while Vision+ will share product-related revenues.
Feed into Windows
Nokia expects the fund, which will be run independently, will broaden the converged games, entertainment and education apps available for its ecosystem, especially the Windows Phone platform.
Other areas to be investigated include preventive health care and wellness, with clean water and energy future targets.
"My new role at Vision+ will give me a fantastic opportunity to leverage my strong industry relationships and versatile experience built up within Nokia and the surrounding mobile ecosystem," said Tero Ojanperä, Vision+'s managing partner.
"Vision+ will be able to provide support to developers and entrepreneurs when they plan to introduce the best visions and product concepts into global and local markets. I look forward working together with these companies targeting to monetise their great ideas,"
[source: Vision+]
News
Contributing Editor
A Pocket Gamer co-founder, Jon is Contributing Editor at PG.biz which means he acts like a slightly confused uncle who's forgotten where he's left his glasses. As well as letters and cameras, he likes imaginary numbers and legumes.
Related Articles
News
Sep 11th, 2015
Futurefly bags $2.5 million seed funding from Facebook, Snapchat, Whatsapp investors
as
News
Sep 2nd, 2015
West-to-China publisher MyGamez announces 9 million MAUs and new funding round
Top Stories
News
8 hours, 20 minutes ago
Nintendo releases first official statement on "the successor to Nintendo Switch"
News
8 hours, 49 minutes ago
Microsoft closes Mighty Doom dev Alpha Dog, Arkane Austin, Tango Gameworks and more
Feature
9 hours, 43 minutes ago
Mobile Mavens: The industry has its say on Squad Busters ability to draw in “untapped audiences” with its “influence from a range of genres”
Feature
12 hours, 30 minutes ago
Hot Five: Supercell’s Squad Busters supremacy, Brawl Stars bounces back, and a games industry journey at King
Feature
12 hours, 50 minutes ago
April 2024 mobile game charts: Call of Duty: Warzone Mobile loses launch momentum and Brawl Stars’ astronomical rise
Events
Mobidictum Meetup Berlin May 2024 | Europe | May 7th |
Valencia Indie Summit 2024 | Europe | May 16th |
Mobidictum Meetup Tallinn May 2024 | Europe | May 21st |
Israel Mobile Summit 2024 | Middle East | Jun 6th |
WN Conference Istanbul 2024 | Jun 11th | |
DevGAMM Vilnius 2024 | Europe | Jun 14th |
Develop: Brighton 2024 | Europe | Jul 9th |
Mobidictum Meetup Barcelona September 2024 | Europe | Sep 1st |