BMW, Audi si Daimler buy Nokia HERE Maps with 2.5 billion euros, or approximately 2.7 billion dollars, the announcement being made today, the companies going to conclude the agreement with the Finns in the following days to acquire the famous geolocation platform and more.
It has been said in recent months that multiple companies are interested in Nokia HERE Maps and that Uber was very close to buying the Finns' platform, but only now BMW, Audii yes Daimler they made the decision to join forces to buy it for implementation in their own cars.
Although BMW, Audi si Daimler buy Nokia HERE Maps, the platform will not be used exclusively by them, other car manufacturers will have access to the system, most likely in exchange for a sum of money, the goal being to liberalize the platform in the not too distant future.
German auto makers Audi AG, BMW AG, and Daimler AG have agreed in principle to purchase Nokia Oy's digital mapping service Nokia Here for slightly more than €2.5 billion ($2.71 billion), according to a person familiar with the matter. Nokia has been negotiating exclusively with the three car makers over the sale of the company.
Nokia HERE Maps is one of the most complete geolocation systems on the planet with coverage in an extremely large number of countries and many points of interest, especially in Europe, the continent of origin and main interest for the Nokia company.
Even if at one point it was said that Apple would be interested in buying Nokia HERE Maps, in the end, the platform will reach car manufacturers who will improve their navigation systems with much more accurate maps than those used by TomTom or other manufacturers.
The sale is to be completed in the next period, but no one knows how many years could pass until Nokia HERE Maps will be found in cars.
