Although Here might not be a popular mobile mapping app, it remains the in-car entertainment navigation service. Last year, Nokia said that four out of five new vehicles sold with built-in navigation were being powered by Here. New owners VW, Daimler and Mercedes all utilize the service, as have many other manufacturers, including Ford, Toyota, and aftermarket GPS companies like Garmin.

The sale will leave Nokia as a two-business company focused on network infrastructure, new technology development, software, and licensing. It still has a large portfolio of patents and also licenses its name out to other manufacturers for use in consumer electronics. As usual, such a big-money deal is subject to regulatory approval, but the acquisition is likely to go through sometime later this year.