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Nokia Sells - HERE': Mixed Feelings on the Street, Price a Bit Low

2015-08-04 03:07:55| Wireless - Topix.net

Shares of Nokia today fell 12 cents, or 1.7%, to close at $6.93, after the company this morning said it completed the "next stage" of its "transformation" by selling its HERE business unit that develops mapping and navigation techologies for a 2.8 billion to a consortium of car companies including Audi, BMW and Daimler AG. The purchase price will be reduced to about a 2.5 billion, said Nokia, because of certain "defined liabilities" for which the buyers will be compensated.

Tags: price low street bit

 

Audi, BMW and Daimler agree with Nokia on joint acquisition of HERE digital mapping business; swarm intelligence for new information density

2015-08-03 13:55:31| Green Car Congress

Tags: new information business digital

 
 

Audi Ag, BMW Group and Daimler Ag agree with Nokia Corporation on...

2015-08-03 11:48:35| Telecom - Topix.net

The acquisition is intended to secure the long term availability of HERE's products and services as an open, independent and value creating platform for cloud-based maps and other mobility services accessible to all customers from the automotive industry and other sectors. The three partners will each hold an equal stake in HERE; none of them seeks to acquire a majority interest.

Tags: on group corporation agree

 

Audi Ag, BMW Group and Daimler Ag agree with Nokia Corporation on...

2015-08-03 11:19:15| Auto Dealers - Topix.net

The acquisition is intended to secure the long term availability of HERE's products and services as an open, independent and value creating platform for cloud-based maps and other mobility services accessible to all customers from the automotive industry and other sectors. The three partners will each hold an equal stake in HERE; none of them seeks to acquire a majority interest.

Tags: on group corporation agree

 

Audi Ag, BMW Group and Daimler Ag agree with Nokia Corporation on...

2015-08-03 10:30:49| Automakers - Topix.net

The acquisition is intended to secure the long term availability of HERE's products and services as an open, independent and value creating platform for cloud-based maps and other mobility services accessible to all customers from the automotive industry and other sectors. The three partners will each hold an equal stake in HERE; none of them seeks to acquire a majority interest.

Tags: on group corporation agree

 

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