Nokia Finally Found Someone to Buy Their HERE Maps!

It has been a long search for the best buyer, but it seems that Nokia finally found somebody to buy and further develop their HERE Maps technology. As reported previously, it was thought that Microsoft will buy the HERE Maps technology, seeing that it wanted its mobile phone business. However, the recent change in the company led to believe that Microsoft may move away form the smartphone market.

Uber was interested in Nokia’s technology too, offering an outstanding $3 billion for it. But it looks like Nokia did not agree with what Uber had in mind for their technology, so they declined the deal after all. However, recently, there have been some rumours that some German vehicle maunufacturers were interested in the technology too.

Nokia declined to make any comments on the matter, but a new report surfaced and we finally know that the company is close to signing the deal with Audi, BMW and Daimler for $2.71 billion. This is less than what Uber offered, but Nokia did state that it would sell the HERE technology to someone who really has the means of improving it, didn’t they? Besides, the deal seems to be the best offer Nokia is going to get.

Besides, the German manufacturers want to use the high-definition real-time digital maps to help develop self-driving cars and automotive safety systems. On top of that, they also want other vehicle manufacturers to pitch in and help them with their plans. So as far as the details show, Nokia really hit their target on selling the technology for a lot of money and to a company, well companies, who have the means on improving it, don’t you think?

Thank you Android Central for providing us with this information

Nokia Plans a Comeback to the Smartphone Market Next Year

If you thought that the famous company who made ‘tough’ phones is out of the smartphone market, think again. Nokia just announced that it plans to make a comeback next year, after Microsoft allows it. It looks like Nokia and Microsoft signed an agreement that prevents Nokia from selling anything phone-wise until 2016.

However, Nokia does not plan on making fully fledged handsets. The company announced that it will start designing smartphones and selling their brand. This means we could be looking at other Nokia Windows Phones next year, but having Microsoft provide the hardware and software, while Nokia provides the designs and its logo. However, Nokia plans on extending its services to other companies too.

This does not mean Nokia is moving away from networking, as they were focusing on the market for quite some time now. Its latest acquisition, Alcatel-Lucent, for $17.8 billion still provides a good understanding that the company wants a chunk of the latter market as well.

In the meantime, its HERE technology is still up for sale. While big companies are eyeing Nokia’s high-definition satellite imagery technology, Nokia says that a ‘good buyer’ for the tech will be someone who can improve it and expand its potential in the long run.

Thank you Reuters for providing us with this information