Audi, BMW And Mercedes Acquire Nokia’s HERE Maps In $3.1 Billion Deal

In a historic move, Germany’s three major premium automakers Audi, BMW and Mercedes-Benz parent company Daimler have joined forces to acquire Nokia’s HERE digital mapping and location services business. The deal, which should be finalized by early 2016, is valued at 2.8 billion euros ($3.1 billion) and represents an unprecedented...

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