Category Archives: Market news

Nokia’s mapping business sold for $3B, a plan of a non-smoggy world in California

Pictured: a person in the passenger's seat using their smartphone's GPS

The Finnish tech legend Nokia made another selling move. After trading off its mobile phone division to Microsoft for $7 billion last April and also acquiring France’s Alcatel-Lucent for $16.6 billion, Nokia finally revealed what used to be kept as a secret: the sale of its Here maps service to a group of German car manifacturers – Mercedes’ owner Daimler, BMW and Audi – is already a fact.

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