Monday, August 3, 2015

Audi, BMW and Daimler to buy digital maps for Nokia 2800 ME – Daily News – Lisbon

The German car manufacturers Audi, BMW and Daimler bought the Finnish company Nokia business of digital maps Here by 2,800 million euros.

The announcement was made today by Daimler, which indicated that the three manufacturers will have identical interests, clarifying, so that none will have a majority stake.

The transaction, which needs to be approved by the competent authorities, should be closed predictably in the first quarter 2016.

“With the acquisition, long-term availability is assured of goods and services Here as an open platform, independent and generating value for maps and other mobility services on the Internet,” said Daimler, in a joint statement the three German car companies.

Here lays the foundation for the next generation of maps and mobility services.

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