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. 

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Tech News

EU's Vestager meets French tech firm Mistral AI amid competition concerns
Shein falls under tough EU online content rules as user numbers jump
Google parent Alphabet reclaims spot in $2 trillion valuation club
India's HCLTech misses Q4 revenue estimates
Chipmaker Intel falls as AI competition hurts forecast
Russia's Yandex reports Q1 revenue rise as market awaits spin-off news
Japan to levy big fines with new app rules
Inside Big Tech’s underground race to buy AI training data
Facebook scams demand stricter online rules, Japan lawmaker says
A Chinese firm is America’s favourite drone maker – except in Washington

Others Also Read