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Nokia sells its mapping unit 'Here' for $2.8 bn
short by Bhavika Bhuwalka / on Saturday, 5 December, 2015
Nokia on Friday completed the sale of its mapping and location services business, Here, to the automotive industry consortium of Audi, BMW, and Daimler for $2.8 billion. In the wake of increasing connected cars, the deal is expected to open a larger market for location-based services in the automobile industry. The three companies will hold an equal stake in Here.
read more at TechCrunch