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+]