Manufacturer Discussion : Nokia : Uber willing to pay $3B for Nokia€s Here maps business
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According to three people familiar with the matter, Uber has submitted a $3 billion bid for Here. The New York Times says that Uber is indeed competing with German automakers and an undisclosed private equity firm for Here. Nokia should announce the sale of Here by the end of May.
Uber heavily relies on mapping resources from Google and Apple, with Google Maps playing an important role in its current transportation and shipping plans. The company apparently wants to reduce its reliance on third-party mapping services, and use its own apps in the future.
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Posted: 2015-05-08 13:42:36
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