Uber reportedly makes a $3 billion bid for Nokia's HERE Maps division

Uber has reportedly made a bid totaling upwards of $3 billion for Nokia's Maps division. If true, Uber is just the latest in a long line of companies reported to be vying for the purchase of HERE Maps after it was reported last month that Nokia was interested in selling the division.

From The New York Times:

"Uber has submitted a bid for Here, the main competitor to Google Maps, for as much as $3 billion, according to three people with knowledge of the offer, who spoke on the condition of anonymity. Here is owned by Nokia, the Finnish telecom giant, which announced last month that it was considering selling the business."

The report goes on to note that Uber's bid joins another from a group of German car manufacturers, including BMW, Audi, and Mercedes-Benz. This is in addition to a previous report that several other big tech companies, such as Apple, Facebook, and Baidu have also expressed interest in purchasing Nokia's mapping assets.

If today's report is accurate, Uber's bid comes close to the reported $3.2 billion that Nokia is reported to be seeking in a potential deal. With so many interested parties reported, it will be interesting to see where this deal goes and who will end up bolstering their mapping efforts with Nokia's assets.

Source: The New York Times