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Uber interested in buying Nokia HERE Maps, rumor says

nokiaherecar1

Nokia is looking to sell off its HERE Maps serviceBloomberg reports, with the first offers potentially coming in next month. The Finnish company is apparently hoping to make a deal with Uber, though a number of German car company’s may also be interested.

The mapping app is valued at roughly $2.1 billion, and a sale could give Nokia the cash needed to scoop up rival wireless-networking firm Alcatel-Lucent. The company still operates its own network division, along the R&D team behind the N1 Android tablet. It also boasts a huge trove of mobile patents.

HERE is actually a pretty great alternative to the mapping apps offered by Google or Apple, and it could be a powerful tool for whatever firm picks it up. Uber might use the opportunity to distance itself from Google Maps, integrating HERE into its app instead. A car company could also use the service for its own GPS system, rather than relying on a third-party solution.

There’s still no confirmation that a HERE Maps sale is really on the table, but it seems to make a lot of sense. If Bloomberg is right, we may see an official deal announced before too long.

Bloomberg

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Jacob Kleinman

Jacob Kleinman has been working as a journalist online and in print since he arrived at Wesleyan University in 2007. After graduating, he took a...Jacob Kleinman has been working as a journalist online and in print since he arrived at Wesleyan University in 2007. After graduating, he took a...


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