Facebook, BMW, Audi and Uber show interest in Nokia Maps: Report

Nokia's maps business has drawn interest from at least four potential acquirers, including Facebook and a consortium of German carmakers BMW, Audi and Daimler, a German magazine reported.


Nokia's maps business has drawn interest from at least four potential acquirers, including Facebook and a consortium of German carmakers BMW, Audi and Daimler, a German magazine reported.

Manager Magazin cited people familiar with the matter as saying local transportation service Uber is looking at the books of HERE, Nokia's mapping unit, and that US private equity firm Hellman & Friedman is also interested. According to Manager Magazin, the book value of the unit is $2.15 billion.

Nokia and Facebook declined to comment on the report. Uber, Hellman & Friedman, BMW, Audi and Daimler were not immediately available for comment.

Finland's Nokia said last week it had started a strategic review of HERE after announcing a takeover of network equipment rival Alcatel-Lucent.

Reuters