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German Carmakers Acquire Nokia’s Mapping Unit For $3 Billion

May 3, 2016 – 6:18 am | Comments Off on German Carmakers Acquire Nokia’s Mapping Unit For $3 Billion
Nokia logo

German carmakers Audi, BMW, and Daimler (owners of the Mercdeds brand) paid € 2.8 billion or about $3 billion to acquire Nokia’s mapping service Hire. Nokia sold its mobile phone unit to Microsoft last year for $7.6 billion.

Nokia is now focused almost entirely on its telecom equipment business, selling communications equipment to telecoms carriers worldwide.

Nokia’s Here mapping technology Read more […]

MarketLink Event With Nokia Corporation (ADR) (NYSE:NOK); Facebook Inc (NASDAQ:FB) Posts Can Be Used For Advertising

November 18, 2013 – 1:39 pm |

Start-up entrepreneurs who want do business with Nokia Corporation (ADR) (NYSE:NOK) could acquire an opportunity to pitch their technology to the hand set maker early next month.Executives from the smartphone giant will come to San Diego from 17th to 18thDecemberto hear presentations from young firms that apply for the MarketLink program run by local technology industry trade group CommNexus.

Head Read more […]

Stocks trending in News: Nokia Corporation, BP plc, Vertex Pharmaceuticals

October 29, 2013 – 11:56 am |

Vertex Pharmaceuticals Incorporated (NASDAQ:VRTX) is planning to cut its global personnel by fifteen percent amid falls in the number of patients being treated with its Incivek drug, as the firm also stated that its third quarter loss increased.

The pharmaceutical also cut its 2013 revenue outlook to one billion dollars to 1.05 billion dollars, from its previous projection of 1.1 billion dollars Read more […]

Google Inc (NASDAQ:GOOG) Boosts Investment In Data Center & Breach Banner Ads Promise

October 25, 2013 – 6:50 am |
Google Inc

The internet search giant, Google Inc (NASDAQ:GOOG) is going to increase its investment in a data center in eastern Finland. The internet giant’s data center in Hamina uses a sea water cooling system that was part of an old paper mill which the American firm purchased from Finnish paper company Stora Enso in year 2009.After an initial investment of 275.65 million dollars or two hundred million euros, Read more […]

Nokia Corporation (ADR) (NYSE:NOK) Stock Has Consensus Rating Of “Hold” With Price Target of $ 5.92

October 22, 2013 – 3:26 am |

On Monday Nokia Corporation (ADR) (NYSE:NOK) stock was downgraded by equities researchers at Credit Suisse (CS) from a “neutral” rating to an “underperform”, as reported by AnalystRatingsNetwork.com. The analysts at Credit Suisse currently have a $20.00 price target on company’s stock. The newly set price objective by Credit Suisse suggests a potential upside in NOK shares price of 179.72% Read more […]

Nokia Corporation (ADR) (NYSE:NOK) Doing Partnership With T2T For HERE

October 16, 2013 – 7:08 am |

Nokia Corporation (ADR) (NYSE:NOK) is doing partnership with Tsitsikamma to Tataouine Expedition (T2T) to build its mapping application HERE. The expedition headed off from Tsitsikamma, South Africa on 5 October.

As part of their vehicle equipment, the team will be carrying a HERE powered GPS device to collect the geometry and Points of Interest (POI’s) they pass on route, primarily for the towns Read more […]

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