Nokia is completing the sale of its HERE mapping division ahead of schedule. The company stated it now plans to close the sale of the division to a consortium of three German car companies on Friday, Dec. 4, rather than the first quarter of 2016 as previously announced.
Nokia previously announced its plans to sell HERE to Audi, BMW and Daimler for 2.8 billion Euro ($3 billion) in August so it could focus on the integration of Alcatel-Lucent, which it acquired for $16.6 billion earlier this year. The HERE team has previously said the sale will not affect development of its mobile apps for Android, iOS and Windows Phone.
Source: Nokia
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