Nokia’s HERE maps sold for $3 billion to Audi, BMW and Mercedes

After weeks of rumors surrounding the sale of Nokia’s HERE maps, the company has confirmed today that it’s sold the product to a group of car manufacturers for $3 billion (€2.8 billion). AUDI AG, BMW Group and Daimler AG formed a consortium to purchase the mapping unit from Nokia. The company said that HERE’s focus is on “developing precise and accurate mapping as well as services that will enable an entirely new class of driver experiences, including highly...

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