Nokia has finally announced the completion of sales of HERE to automotive industry consortium Today. With this Nokia and HERE (NAVTEQ) story comes full circle. Nokia had bought the mapping company NAVTEQ in 2007 for $8.1bn that was later re-christened as HERE.
Nokia announced today that it has completed the sale of
So, it's final now! Nokia has revealed today that an agreement to sell HERE to the consortium of Auto-makers have been inked. We reported yesterday that talks between Nokia and consortium have reached to an advanced stage. The EUR 2.8 Billion deal is expected to close in the first quarter
A report from Bloomberg claims that Nokia may be in final stages of striking a deal with consortium of German car-makers for its HERE business. The reported deal value of $2.7 Billion is however low and bit doubtful as Uber had earlier valued the HERE business at $3 Billion and