AUTOMATED VEHICLES: Consortium locks down Nokia HERE deal

Following up on our story of July 23, the sale has been officially announced

August 03, 2015

According to the Wall Street Journal, Germany’s biggest auto makers have clinched a deal to buy Nokia Corp.’s digital mapping business, beating out rival bidders for some of the vital technology for self-driving cars in a $3.1 billion acquisition. BMW AG, Daimler AG and Audi AG are confirmed as the trioka of successful bidders.