Nokia recently announced that they were considering selling their HERE Maps business, and since then a number of companies are reported to be interested in purchasing Nokia’s mapping company.
Facebook recently confirmed that they were testing out HERE Maps on their mobile apps, there is a possibility that they could be interested in buying the Maps business from Nokia, although this has yet to be confirmed.
We also heard previously that Apple may also be interesting on getting their hands on Nokia’s Maps business and now according to a recent report, a number of German auto makers are also interested in the company.
According to a recent report by Reuters, Germany’s three major car makers, BMW AG, Audi AG and Daimler AG, who are normally rivals, are teaming up in a bid to buy HERE Maps.
The reason that the three companies are teaming up to try and get their hands on Nokia’s maps business, is because they are looking to prevent companies like Google, Facebook or Apple from getting their hands on a key technology that will be needed for self driving cars.
The three major German car makers are apparently in advanced talks with Nokia to buy their mapping business, how much the deal will end up being worth remains to be seen.
Source WSJ
Image Credit BMW Blog
Filed Under: Auto News, Technology News, Top News