Nokia Closes Sale of HERE Business to Car Companies

[cdmagurus.com]

Nokia today said it has closed the sale of its HERE Maps business to a consortium of automobile manufacturers, including Audi, BMW, and Daimler. The sale leaves its telecommunications equipment unit as Nokia's core concern moving forward. The company already divested its handset business to Microsoft, and expects to close its acquisition of Alcatel-Lucent early next year.


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