Finnish software company Nokia has today announced a deal to sell its well-regarded ‘HERE’ mapping service to a consortium of German automakers.
HERE, while not particularly popular as a mobile app, has becoming the go-to software for many car manufacturers within their on-board navigation systems. The deal came in with a final price tag of €2.8 bn ($3.07 bn). Of this however, Nokia will only receive €2.5 bn due to an estimated €300m in liabilities for which…
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