Around the Net
Automakers Get Mapping System; Could Send Real-Time Messaging
- InfoWorld, Tuesday, August 4, 2015 10:10 AM
Nokia has reached an agreement to sell its Here mapping and location services business to an automotive industry consortium consisting of Audi, BMW Group, and Daimler, in a deal that gives the business an enterprise value of €2.8 billion ($3.1 billion). The deal fits with the plans of the automakers to progressively introduce more Internet-based services and automation to assist drivers.
