Nokia’s Here Maps sold to BMW, Daimler and Volkswagen

After months of negotiation, Nokia sells the HERE Maps division to the German consortium, BMW, Daimler and Volkswagen for US$2.71 billion, according to the BMW blog. The3 news has yet to be confirmed by Here or the other auto makers. The deal would see HERE Maps turn into an open platform, which all car manufacturers can use for navigation and mapping inside vehicles. The three German car makers plan to offer the platform to Fiat Chrysler, Renault, Peugeot, Ford, Toyota and General Motors, allowing them
July 28, 2015 Read time: 2 mins
After months of negotiation, 183 Nokia sells the 7643 Here Maps division to the German consortium, 1731 BMW, 2069 Daimler and 994 Volkswagen for US$2.71 billion, according to the BMW blog. The news has yet to be confirmed by Here or the other auto makers.

The deal would see Here Maps turn into an open platform, which all car manufacturers can use for navigation and mapping inside vehicles. The three German car makers plan to offer the platform to 1674 Fiat 1958 Chrysler, 2453 Renault, Peugeot, 278 Ford, 1686 Toyota and 948 General Motors, allowing them to use the mapping service for free without licensing issues.

Nokia is selling the entire division of Here, meaning the car consortium is likely to continue hiring developers to work on the platform.

Currently, companies like Chinese search giant Baidu and Facebook use Here Maps to power its own mapping services. It remains to be seen how the new deal will affect those services.
Location Based Systems

For more information on companies in this article

Related Content

  • Here Technologies to map Dubai with HD technology for driverless technology
    February 12, 2018
    The Roads and Transport Authority (RTA) of Dubai and Here Technologies (Here) have signed a memorandum of understanding to map the city with high definition (HD) technology as part of a strategy to make 25% of public transport self-driving by 2030. Both companies will deploy location technologies in the development of a data infrastructure to help support safe, sustainable and efficient autonomous transportation. The partners intend to utilise Here’s map for autonomous cars, HD Live Map, for public
    Read More
  • Continental and Here team up on vehicle connectivity
    January 15, 2014
    Automotive supplier Continental and Nokia’s Here have expanded their collaboration on connected car technologies, focusing on electronic horizon, future automated driving functionalities and intelligent transportation systems (ITS). Work will begin with the development of precise map technology for Continental’s electronic horizon platform that will include a range of road information, including lane markings and connectivity, speed limit changes, no passing signs and more. This information will enable a
    Read More
  • Ford, MIT project measures pedestrian traffic, predict demand for electric shuttles
    July 28, 2016
    Ford Motor Company and the Massachusetts Institute of Technology are collaborating on a new research project that measures how pedestrians move in urban areas to improve certain public transportation services, such as ride-hailing and point-to-point shuttles services. The project will introduce a fleet of on-demand electric vehicle shuttles that operate on both city roads and campus walkways on the university’s campus. The vehicles use LiDAR sensors and cameras to measure pedestrian flow, which ultimate
    Read More
  • Hartford’s tailors winter maintenance on Esri’s GIS platform
    August 5, 2016
    The in-house winter maintenance and vehicle tracking system built by the Public Works Department in Hartford, Connecticut, coped with record snowfalls and cut costs too. When it comes to dealing with the effects of mother nature, transport agencies can find themselves in a lose-lose situation: criticised if the roads or rail lines are disrupted by snow, ice or floods for more than a few hours and lambasted for wasting money if the equipment and stockpiles put in place for a hard winter remain unused.
    Read More

Highlighted Content