Around the Net
Nokia Sells Digital Mapping Unit To German Carmakers For $3B
- The New York Times, Tuesday, August 4, 2015 8 AM
The Finnish telecommunications company, said on Monday that it had sold its Here digital mapping unit to a consortium of German automakers for 2.8 billion euros, or about $3 billion. The announcement signals the latest chapter in Nokia’s transformation, as the company tries to rebound from the demise of its once world-leading mobile phone unit, which was sold to Microsoft last year for about $7.6 billion.
