Apple is looking on buying a new Maps service, Nokia is looking on selling its entrie "Here" mapping business. According to a report in Bloomberg, Apple is among the potential buyers for Nokia's HERE mapping business.
Other potential buyers of HERE include Alibaba, Amazon, Facebook, Baidu, and a group of German carmakers among others. A number of private equity firms are also said to be interested.
Nokia has been working with a financial advisor on the sale of its mapping unit. The Finnish company is seeking more than €3 billion (about $3.2 billion), with the first bids due to arrive at the end of next week. Nokia has been busy making headlines lately. The company acquired Alcatel-Lucent for €15.6 billion. It is also rumored to return to making phones next year.