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Uber enters $3 billion bid for Nokia’s HERE maps

US: Uber has joined the ranks of German automobile giants — BMW, Mercedes and Audi — to bid for Nokia’s digital map service, HERE. Uber’s bid reportedly approaches $3 billion. Finnish company Nokia, which announced its plans to sell HERE last month, bought the map service in 2007 by acquiring Navteq for $8.1 billion. HERE is said to be the only major competitor to Google Maps, upon which the San Francisco-based Uber currently depends for routing and arranging routes. Having a map service of its own would convert Uber from a simple taxi service provider into a full-fledged logistics service provider.

Source: PC-Tablet