Uber “tables $3 billion bid for Nokia's Here Maps”

Uber “tables $3 billion bid for Nokia's Here Maps”

PanARMENIAN.Net - Uber has reportedly tabled a $3 billion bid for Nokia's Here Maps, a service that is believed to have attracted a number of other interested parties.

The Finnish firm is expected to announce the sale of its prized asset by the end of the month, Digital Spy said citing the New York Times.

Uber already uses Google Maps and Apple data to help ferry customers to their destination, but the acquisition of Here could end their reliance on third-parties.

Here supplies around 80% of the world's sat-navs with directional information, making it a natural fit for Uber's global fleet.

Reports suggest the taxi company faces steep competition for the Nokia software, with Facebook and a BMW-led consortium among the other potential buyers.

Nokia Here Maps is available for iOS, Android and Windows Phone in app form, as well as on the web.

 Top stories
Yerevan will host the 2024 edition of the World Congress On Information Technology (WCIT).
Rustam Badasyan said due to the lack of such regulation, the state budget is deprived of VAT revenues.
Krisp’s smart noise suppression tech silences ambient sounds and isolates your voice for calls.
Gurgen Khachatryan claimed that the "illegalities have been taking place in 2020."
Partner news
---