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Nokia sells Here mapping business to Audi, BMW, Daimler in $4.2 billion deal
News
3rd Aug 2015
2 min read

Nokia sells Here mapping business to Audi, BMW, Daimler in $4.2 billion deal

Finnish technology company Nokia has confirmed an agreement to sell its Here digital mapping and location services business to a new joint venture partnership between Audi, BMW and Mercedes-Benz parent Daimler. The deal will form part of Nokia’s plan to focus on networking technologies, but for Here’s new German owners, the acquisition is an important building block in the development of fully autonomous vehicles.
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Mike Stevens
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