German carmakers buy Nokia's maps business for $US3 billion
Mark Scott
Updated
Nokia has sold its Here digital mapping unit to a consortium of German automakers for €2.8 billion, or about $US3 billion, marking the latest chapter in Nokia's transformation.
The Finnish company is trying to rebound from the demise of its once world-leading mobile phone unit, which was sold to Microsoft last year for about $US7.6 billion.
Loading...
Subscribe to gift this article
Gift 5 articles to anyone you choose each month when you subscribe.
Subscribe nowAlready a subscriber?
Introducing your Newsfeed
Follow the topics, people and companies that matter to you.
Find out moreRead More
Latest In Technology
Fetching latest articles