Analysis of information sources in references of the Wikipedia article "Navteq" in Indonesian language version.
Nokia today announced an agreement to sell its HERE digital mapping and location services business to a consortium of leading automotive companies, comprising Audi AG, BMW Group and Daimler AG (the "Consortium"). The transaction values HERE at an enterprise value of EUR 2.8 billion with a normalized level of working capital and is expected to close in the first quarter of 2016, subject to customary closing conditions and regulatory approvals.
Our HERE business, which though 2012 operated under the Location & Commerce name, develops a range of location-based products and services for consumers[...]
The three automakers have taken an equal share in Nokia's mapping unit, and the transaction is expected to close by the first half of next year. The companies added that they would continue to run HERE as a separate business.
Nokia today announced an agreement to sell its HERE digital mapping and location services business to a consortium of leading automotive companies, comprising Audi AG, BMW Group and Daimler AG (the "Consortium"). The transaction values HERE at an enterprise value of EUR 2.8 billion with a normalized level of working capital and is expected to close in the first quarter of 2016, subject to customary closing conditions and regulatory approvals.
