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.<p>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...).<p>Do you know why?
Was the technology not that good?<p>Subsidiary question:
Why a technology company (like Uber, MSFT or Facebook) didn't buy it?<p>Thanks<p>Wikipedia article: https://en.wikipedia.org/wiki/Here_(company)