Nokia targets major tech firms in sale of maps unit: sources
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
New York
NOKIA Oyj, the Finnish company that is selling its money-losing maps business, is trying to drum up interest from some of the biggest names in technology including Apple Inc, Alibaba Group Holding Ltd and Amazon.com Inc, people with knowledge of the matter said.
Those companies, as well as Facebook Inc, a group of German carmakers and private equity firms, are among the companies looking at Nokia's maps operations, known as HERE, highlighting the ubiquity and utility of location-based services. Nokia is seeking more than three billion euros (S$4.3 billion) from a sale of the unit, said one of the people, who asked not to be identified discussing private information.
Share with us your feedback on BT's products and services
