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German carmakers buy Nokia maps to fend off digital rivals
Aug 3 2015 11:16AM EST | Source: REUTERS TechnologyFRANKFURT (Reuters) - German carmakers BMW , Audi and Mercedes , will pay around 2.5 billion euros ($2.8 billion) to buy Nokia's maps business, beating out high-tech rivals for location services seen as key to the future of self-driving cars.