Nokia's HERE Maps to Acquire Medio
Nokia today announced its HERE Maps division has agreed to acquire a Seattle-based company called Medio. Medio provides real-time predictive analytics based on mapping, navigation, and location data. Nokia will uses Medio's data to create contextual maps that provide user-relevant data or suggestions. The data will be incorporated into HERE Maps, which is the base mapping product installed on all Windows Phone devices. Nokia believes the contextual information will provide users with a richer and more personal mapping and searching experience. Nokia expects the acquisition to close in July. Terms were not disclosed.
HERE Maps Updated for Android, iOS, and Windows Phone
Nokia today updated its HERE Maps products for the Android, iOS, and Windows Phone platforms simultaneously. Nokia says there are "millions of changes" to the maps, but calls out a few specifics.
Audi, BMW, Daimler to Buy Nokia's HERE Maps
A consortium of three German automotive makers has agreed to purchase HERE Maps from Nokia for about $2.71 billion, according to the Wall Street Journal. Sources familiar with Nokia's plans say Audi, BMW, and Daimler (Mercedes) have fielded a winning bid for the mapping division, which Nokia put up for sale earlier this year.
Nokia Makes HERE Sale to Audi, BMW, Daimler Official
Nokia today formally announced the sale of its HERE Maps business unit to a consortium of three German auto makers. Audi, BMW, and Daimler have agreed to buy HERE Maps for $3 billion.
Nokia to Buy Alcatel-Lucent, Mulling Options for HERE Maps
Nokia today said it has agreed to acquire Alcatel-Lucent for $16.6 billion. The combined companies would be a giant in the telecom equipment space with more than 100,000 employees.