We know that Nokia has been away from the limelight of smartphones and is no longer considered the competition it used to be. Now, another field that they will be stepping away from completely, is the area of maps. Nokia sold its Here unit to the parent company, Daimler that has German carmakers like Mercedes, BMW and Audi, under it.
“High-precision digital maps are a crucial component of the mobility of the future. With the joint acquisition of Here, we want to secure the independence of this central service for all vehicle manufacturers, suppliers and customers in other industries,” said Dieter Zetsche, Chairman of Daimler.
The price that it was sold at [...]
HERE maps, previously known as Ovi Maps or Nokia Maps, is an alternative of Google Maps and Apple Maps service. Nokia was in talks with buyers to sell out its maps unit, but seems like Facebook has inked a deal to power maps on its various platforms.
The social networking site is presently using Here maps on the mobile version of its website, and on other applications like Facebook Messenger and Instagram. The Facebook spokesperson confirmed the same through statement –
We are testing Nokia HERE maps across Facebook to give us more control and flexibility in delivering a [...]
The former leader of consumer smartphone manufacturer Nokia recently made headlines for considering making a comeback in the mobile manufacturing business. The firm heard the recent buzz over Internet and came out to publically announce that the information was false. The report of Nokia planning to return to the mobile business was surfaced by the reliable technology portal Re/Code, which stated that the news was disclosed by a Nokia Networks executive.
The exact statement by the Finnish reads –
Nokia notes recent news reports claiming the company communicated an intention to [...]
Nokia, the Finnish equipment maker who recently sold its mobile business unit to Microsoft, is reportedly considering selling its maps business HERE. The move reflects its plan to boost the company’s core wireless network unit and push up the shares rating.
According to a report by Bloomberg, the company is in talks with potential buyers such as Uber Technologies and a number of private-equity firms, as stated by people familiar with the matter. The source revealed that some German carmakers have reached Nokia for the same and will bid for its maps service, expected to take place as soon as this month.
