I had no idea they had sold their mapping unit.<p>They bought Navteq in 2007 for $8.1B and sold that to automakers in 2015 for $3.1B [1]. I guess they needed a warchest to have a chance at succeeding in their turnaround (and considering their manufacturing roots, they&#x27;d have a hard time having a non-manufacturing-centric identity I imagine), but I&#x27;m surprised they couldn&#x27;t get a higher price tag from a player in the smartphone market.<p>[1] <a href="http:&#x2F;&#x2F;www.nytimes.com&#x2F;2015&#x2F;08&#x2F;04&#x2F;technology&#x2F;german-carmakers-buy-nokia-mapping-unit-here.html" rel="nofollow">http:&#x2F;&#x2F;www.nytimes.com&#x2F;2015&#x2F;08&#x2F;04&#x2F;technology&#x2F;german-carmaker...</a>