Nokia has announced that it has agreed to sell its HERE digital mapping and location services business to an automotive industry consortium for EUR 2.8 billion. According to Nokia, HERE is developing a location cloud that harnesses the power of data generated by vehicles, devices and infrastructure to deliver real-time, predictive and personalized location services. Like the proposed acquisition of Alcatel-Lucent for EUR 15.6 billion, the sale of HERE to the consortium is part of Nokia's transformation as a renewed company with a world-leading network technology and services business. As Nokia expands its services across its platforms and even revealed its first device after the Microsoft deal, it announced that the HERE Maps app is now available beyond just Samsung phones, as the app went live for all Android users in the Google Play Store. Nokia's mapping service enters the Android ecosystem where it is dominated locally by Google's own Maps and crowd-sourcing traffic application Waze. In a rather unexpected Tweet yesterday, accompanied by a minimalist picture with the words “Here for Gear”, Nokia gave us hint that their popular navigation software (Nokia Here) will most likely be incorporated to Samsung Gear watches and Samsung Galaxy Smartphones. Today, all the speculations have been laid to rest as Nokia officially announced that they are bringing Here to Samsung Galaxy smartphones, as well as Samsung Gear smartwatches. Read more in our articles including "Nokia sells HERE to automotive companies for EUR 2.8 billion" and "Nokia HERE Maps now available in the Google Play Store".
Nokia has announced that it has agreed to sell its HERE digital mapping and location services business to an automotive industry consortium for EUR 2.8 billion. According to Nokia, HERE is developing a location cloud that harnesses the power of data generated by vehicles, devices and infrastructure to deliver real-time, predictive and personalized location services.
Like the proposed acquisition of Alcatel-Lucent for EUR 15.6 billion, the sale of HERE to the consortium is part of Nokia's transformation as a renewed company with a world-leading network technology and services business. As Nokia expands its services across its platforms and even revealed its first device after the Microsoft deal, it announced that the HERE Maps app is now available beyond just Samsung phones, as the app went live for all Android users in the Google Play Store. Nokia's mapping service enters the Android ecosystem where it is dominated locally by Google's own Maps and crowd-sourcing traffic application Waze.
Our coverage of nokia here maps includes: "Nokia sells HERE to automotive companies for EUR 2.8 billion"; "Nokia HERE Maps now available in the Google Play Store"; "Nokia brings Here to Samsung Gear and Smartphones". Each article provides unique insights and information.