Nokia (Photo : Reuters )
Microsoft acquired Nokia a year earlier and strengthened their foundation for Windows Phone. Now, the company is planning to sell their Maps division if they get a profitable quote from other tech firms.
Ever since Microsoft acquired Nokia, the company has been taking a lot of measures to sustain itself in the industry. They closed multiple manufacturing plants including the ones in India, China and other countries so as to cut down operating costs. The company was also split into two different divisions, with one focusing on feature phones while the other comes under direct control of Microsoft.
A team of engineers who were part of the original company came up with the Nokia N1 android tablet. The device is a massive success and has been receiving rave reviews from critics around the globe. It is yet to reach consumers on a massive scale based on which the team will decide if it will be wise to focus on the tablet business.
At the same time, Microsoft has announced multiple Lumia phones which runs on Windows 10 operating system and has been scheduled for a summer launch. While it has been a smooth run for the company, Bloomberg reported that as part of the firm's cost cut down procedure, the company has already contacted potential buyers inviting them to bid.
Those on the list include car makers like BMW and Volkswagen and the report confirms that Uber is one of the potential bidders. Nokia's Here Maps is said to be estimated at $2.1 billion and it has a strong presence on iOS, Android and Windows phones.
Phone Arena confirmed that Nokia and Microsoft will not sell the Maps division unless they get a profitable bid that will make the sale worthwhile. Nokia purchased the technology from a company named Navteq for a price of $8.1 billion.
