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Cash-rich Nokia invests $100 million to boost connected car tech

05
May
2014

Nokia still has to make a living in its new handset-free order, and it looks set to expand one of its most profitable apps: Here. It just launched a $100 million connected car endeavor through the Nokia Growth Partners (NGP) fund to invest in technological innovations around travel and mapping. The purpose is to grow the ecosystem around Heres mapping and location products for cars by investing in companies developing such tech.

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