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Wireless

Nokia completes Here sale earlier than expected

Friday 4 December 2015 | 12:43 CET | News
Nokia announced that it expects to complete the sale of its mapping division Here on 04 December, earlier than expected. The company is selling Here to a consortium of carmarkers, including Audi, BMW and Daimler. When the sale was first announced in August, closing was expected in the first quarter of 2016. Nokia is selling Here for EUR 2.8 billion in order to focus on its core business of network equipment, ahead of its planned merger with Alcatel-Lucent. 

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Categories: Mobile & Wireless
Companies: Nokia
Countries: World
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