Ask HN: Where did Nokia sold Here Maps for such a low price?
Nokia bought Navteq for 8.1 billion USD back in 2007.
And sold it to BMW/Daimler/Audi(VW) for 2.78 billion USD in 2015.
The lost of valuation seems a bit odd at a time where maps are a critical asset for tech companies (self-driving cars for instance...).
Do you know why? Was the technology not that good?
Subsidiary question: Why a technology company (like Uber, MSFT or Facebook) didn't buy it?
Thanks
Wikipedia article: https://en.wikipedia.org/wiki/Here_(company)
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