Germany auto makers ready offer for HERE as deadline looms: sources


  • TECH
  • Thursday, 18 Jun 2015

VESTED INTERESTS: The auto companies cannot afford for HERE to fall into the hands of a player such as taxi app company Uber, who may block their access to it.

FRANKFURT: Germany's premium auto makers BMW Daimler and Audi are preparing an offer for Nokia's maps business, as binding bids are due by end of June 18, two sources familiar with the process told Reuters. 

The binding offers will be used as a basis to pursue negotiations for making a final offer, one of the sources told Reuters. 

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News

Czech prime minister in favour of social media ban for under-15s
Analysis-Investors chase cheaper, smaller companies as risk aversion hits tech sector
PDRM calls for greater parental vigilance as grooming by online predators leads victims to share more CSAM content
New app helps you sit up straight while at your computer
Dispose of CDs, DVDs while protecting your data and the environment
'Just the Browser' strips AI and other features from your browser
How do I reduce my child's screen time?
Anthropic buys Super Bowl ads to slap OpenAI for selling ads in ChatGPT
Chatbot Chucky: Parents told to keep kids away from talking AI dolls
South Korean crypto firm accidentally sends $44 billion in bitcoins to users

Others Also Read