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Here

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Latest Headlines

Report: Nokia reaches $2.7B deal to sell HERE unit to German automakers

Nokia has reached a deal to sell its HERE mapping and location technology unit to a group of German automakers for a little more than $2.71 billion (€2.5 billion), according to a  Wall Street Journal  report. 

Nokia's HERE forges alliance to develop global NFC transport ticketing payment standards

Nokia's HERE mapping and location services business began a push to create a global standard for contactless transport ticketing payments using Near Field Communications (NFC)-enabled mobile phones.

Report: Nokia in tense talks with German automakers over HERE unit

The battle to acquire Nokia's HERE mapping and location technology unit appears to have settled into a waiting game between the company and a consortium of German automakers as other bidders have faded away, according to a  Reuters  report.

HERE pushes specification for processing vehicle sensor information via cloud

Nokia's HERE division published a specification designed to integrate information from a diverse range of automotive sensors via the cloud, in a move the unit said could improve road safety and ease congestion.

Nokia's HERE unit reportedly drawing bids from German automakers, Baidu, Uber and maybe even Facebook

Nokia is still searching for a potential buyer for its HERE mapping and location business, as German car companies, Uber, Chinese search engine Baidu and perhaps even Apple and Facebook jockey with each other to get access to HERE's assets and technology.

Nokia stays tight-lipped on German auto makers' HERE bid

Nokia has not indicated whether it will sell its HERE mapping business to a consortium led by German car makers, despite reports earlier this month that a deal was imminent.

Nokia revises long-term strategy in patent-licensing unit, will cut jobs as a result

Nokia said it is shifting its long-term strategy for its Nokia Technologies unit and will cut up to 70 jobs as a result. It's unclear at this point how Nokia's strategy for the division is changing.

Report: Uber makes $3B bid for Nokia's HERE mapping unit

Uber, the ride-booking service, is bidding for Nokia's HERE mapping unit, according to a report in the New York Times, which cited unnamed sources. The report said Uber's bid could be as much as $3 billion. Previous reports on the price for the HERE unit have reportedly hovered around $2.2 billion.

Nokia navigating 4 offers for its HERE mapping business

Nokia reportedly attracted four potential bidders for its HERE mapping business, after announcing it is reviewing the division's future alongside a proposed acquisition of Alcatel-Lucent.

Reports: Nokia could sell HERE mapping biz, might use funds for Alcatel-Lucent bid

Nokia is considering selling its HERE mapping unit to focus more on wireless network gear, according to multiple reports.