NOKIA SELLS ITS HERE MAPS TO AUDI, BMW AND DAIMLER BENZ

By
Reports from  suggests that Nokia has finally sold its HERE Maps division to the consortium of German automakers which includes Audi AG, BMW and Daimler Benz. The deal is priced at €2.8 billion and is expected to be completed by the first quarter of 2016 pending approval from relevant authorities. The deal would keep HERE Maps as an independent and open mapping solution for automotive industry and other customers.
Source:BMW Group via ArsTechnica