Not so long ago, a mobile phone was just a telephone that could be used on the go and Nokia was the market leader. This changed with the advent of smart phones, which allowed users to tap into a universe of digital possibilities. We still use our phones to make calls, but calling is only Read More..
Three German automakers have joined forces with telecommunications and IT companies to accelerate the commercial availability of 5G mobile connectivity. The automakers – Audi, BMW and Daimler – have formed the “5G Automotive Association” together withÂ Ericsson, Huawei, Intel, Nokia and Qualcomm. The group’s aim is to test and promote 5G and agree on standards for Read More..
FRANKFURT â€“ The planned acquisition of Nokia HERE by a consortium of German premium carmakers provides a business opportunity for the map maker’s biggest competitor, TomTom’s new automotive boss said in an interview at the Frankfurt Auto Show last month. “It changes the competitive landscape, because HERE is no longer just a map supplier; it’s Read More..
Following news that Audi, BMW and Daimler are set to jointly acquire Nokia HERE, automotiveIT asked Accenture automotive expert Axel Schmidt three questions about the implications of the transaction. automotiveIT: What’s in it forÂ Audi, BMW andÂ Daimler to acquire Nokia HERE? Schmidt:Â The carmakers are first and foremost interested in a platform that can be the foundation Read More..
A consortium of German carmakers is buying Nokia’s digital mapping business for 2.8 billion euros. Audi, BMW and Daimler confirmed in a press release that they will jointly acquire Nokia HERE and will run the mapping company as an independent entity that will provide a platform open to all customers. The three, which will hold Read More..
Nokia, commenting on media speculation, said it doesn’t have any plans to get back into the smartphone market. “These reports are false, and include comments incorrectly attributed to a Nokia Networks executive,” the Finland-based network equipment and mapping software maker said in a press release. “Nokia reiterates it currently has no plans to manufacture or Read More..
Nokia is considering the sale of its mapping unit, HERE, following its announcement of plans to acquire Alcatel-Lucent. The Finland-based telecommunications equipment maker said in a statement that it had “initiated a review of strategic options, including a potential divestment” of its HERE business. HERE is the navigation, mapping and location intelligence business built on Read More..
Nokia and Alcatel-Lucent, citing complementary product portfolios, said they are planning a merger that aims to create a new company that is well positioned for “an IP connected world.” “Together, Alcatel-Lucent and Nokia intend to lead in next-generation network technology and services, with the scope to create seamless connectivity for people and things wherever they Read More..
Nokia will invest 100 million dollars in connected car technology as the Finnish group focuses its business on networks, mapping and location intelligence and general mobility. Once the world’s leading maker of mobile phones, Nokia earlier this year completed the sale of its devices and services business to Microsoft. The newly launched “Connected Car fund,” Read More..
Nokia plans to acquire 10-year-old Seattle-based Medio Systems in a move to add new personalization features to the navigation and mapping services offered by its HERE division. Nokia HERE, which Â makesÂ location products for smartphones, tablets and cars, said Medio’s predictive analytics capabilities will let it create better contextual maps that change according to a particular Read More..