Audi, BMW, Daimler Consortium Close To Buying Nokia’s HERE for $2.7 billion, Says WSJ

After months of negotiations and rumours, Nokia’s digital mapping division HERE has finally found a buyer in German car makers Audi, BMW and Daimler, according to a report by WSJ. The deal, if finalized, is expected to be worth $2.7 billion.

The announcement can be made by the end of this month itself, if certain issues related to intellectual property rights are resolved. Both the parties however declined to comment to WSJ on the report.

The move by car makers is seen more of an...

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