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Big Three German Car Makers Buy Nokia Here For $3 billion

When Nokia announced it was reorganizing the company and splitting it in four parts, and then planning to spin off two, it was only a question of time before we see the acquisition of the second spin-off. First one (mobile phone division) went to Microsoft, while the final announcement about the sale just arrived. Nokia just sold its Here business unit to a consortium of German carmakers; Audi, BMW, and Mercedes’ parent company Daimler. This makes the three car makers owners of what some call one of the most impressive solutions in the mobile navigation market overall. “High-precision digital maps are a crucial component of the mobility of

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