Nokia has completed the sale of its card division Lord to a consortium of Audi, BMW and Daimler. That was announced Friday
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The deal Nokia net yields 2.55 billion euros, with a gain of approximately 1 billion. The unusual collaboration, the German manufacturers of luxury cars access to the cards needed to build still smarter cars in the future, which may partly ride independently.
Nokia got into digital maps in 2008 with the acquisition of the American Navteq. The Finnish company, then still the largest mobile phone maker in the world, thought he could take advantage of the growing number of people that navigation on the mobile phone chose over a separate device in the car. In the same year assured the Dutch TomTom navigation service provider to take on its own database with digital maps from Tele Atlas.
Nokia sold earlier his cellphone stuck entirely to Microsoft. The sale of the Lord can focus even more on the production of equipment for telecommunications networks. Partly for this reason, the company recently took over the French Alcatel-Lucent. This transaction is expected to close final in the first quarter
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