Nokia Finalizes Bit-Side Acquisition
Nokia announced that is has finished all the financial arrangements and now owns bit-side, a small company that will improve Nokia's ability to create mapping software.
Nokia and Samsung Settle Patent Licensing Deal
Nokia today said it has reached an agreement with Samsung over the licensing of its wireless patents. The companies have been disputing the value of Nokia's patents since Nokia sold its handset division to Microsoft.
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 Routing Maps Apps to Android and iOS
Nokia is preparing to release versions of its mapping application for the Android and iOS platforms. Nokia executive Sean Fernback told The Wall Street Journal the apps will offer features not available to Google Maps and Apple Maps.
Nokia to Idle Indian Manufacturing Plant
Nokia has indicated it will cease production at a facility located in Chennai, India. Nokia still owns and operates the plant despite the fact that it sold its handset division to Microsoft earlier this year.