News

Nokia Finally Found Someone to Buy Their HERE Maps!

It has been a long search for the best buyer, but it seems that Nokia finally found somebody to buy and further develop their HERE Maps technology. As reported previously, it was thought that Microsoft will buy the HERE Maps technology, seeing that it wanted its mobile phone business. However, the recent change in the company led to believe that Microsoft may move away form the smartphone market.

Uber was interested in Nokia’s technology too, offering an outstanding $3 billion for it. But it looks like Nokia did not agree with what Uber had in mind for their technology, so they declined the deal after all. However, recently, there have been some rumours that some German vehicle maunufacturers were interested in the technology too.

Nokia declined to make any comments on the matter, but a new report surfaced and we finally know that the company is close to signing the deal with Audi, BMW and Daimler for $2.71 billion. This is less than what Uber offered, but Nokia did state that it would sell the HERE technology to someone who really has the means of improving it, didn’t they? Besides, the deal seems to be the best offer Nokia is going to get.

Besides, the German manufacturers want to use the high-definition real-time digital maps to help develop self-driving cars and automotive safety systems. On top of that, they also want other vehicle manufacturers to pitch in and help them with their plans. So as far as the details show, Nokia really hit their target on selling the technology for a lot of money and to a company, well companies, who have the means on improving it, don’t you think?

Thank you Android Central for providing us with this information

Gabriel Roşu

Disqus Comments Loading...

Recent Posts

Edimax Introduces D4G-7459AC Industrial 4G LTE Wi-Fi Router

Edimax, a leading provider of network communication solutions, today announced the launch of the D4G-7459AC…

15 hours ago

Intel Fixes 13th and 14th Gen Core CPU Voltage Instability

Intel has officially resolved the instability issues affecting its 13th and 14th Gen Core "Raptor…

1 day ago

Assassin’s Creed Mirage Set to Launch on Steam This Month

In a surprising move, Ubisoft has announced that Assassin's Creed Mirage will soon be available…

1 day ago

Ubisoft Reportedly Set to Launch 10 Assassin’s Creed Games Over the Next 5 Years

Ubisoft has some major plans for its flagship Assassin’s Creed series, as recent rumors suggest…

1 day ago

Halo Infinite to Receive Third-Person Mode in November

Halo Infinite will officially receive a third-person mode this November. This will be the first…

1 day ago

Arctic Confirms LGA1700 Coolers Will Support Intel’s New LGA1851 Socket

Arctic has confirmed that all its existing LGA1700 coolers are fully compatible with the new…

2 days ago