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

  • ECOtality opens in Australia
    February 1, 2012
    ECOtality has established a new, wholly-owned subsidiary, ECOtality Australia, with headquarters in Brisbane, Queensland, to market and distribute battery charging equipment to support on-road electric vehicles (EV), industrial equipment, and electric airport ground support equipment (GSE).
    Read More
  • Here and Mitsubishi unveil road hazard alert system
    May 22, 2019
    Here Technologies has piloted a system with Mitsubishi Electric which it claims can enable vehicles to automatically warn others about upcoming road hazards with lane-level precision Here says the Lane Hazard Warning platform enables an event detected by a vehicle’s sensors – such as a slow car or pothole – to be localised to a specific lane. This information can then be transmitted in real time via the cloud to other vehicles approaching the same area, the company adds. Hiroshi Onishi, executive office
    Read More
  • Four UK cities awarded funding to drive green car revolution across
    January 28, 2016
    Four cities have been awarded significant funds to promote green vehicle technology after successfully bidding for a share of a multi-million pot created to support the take-up of plug-in electric cars across the UK. Transport Secretary Patrick McLoughlin announced the winners of the Go Ultra Low City Scheme, after the successful cities proposed a number of initiatives to support greener vehicles as part of a government competition.
    Read More
  • US 511 system, the future of traveller information?
    April 23, 2013
    What started out at the turn of the millenium as a simple dial-up travel information service has grown out of all recognition in the digital age. Pete Goldin surveys the development to date of the US 511 traveller information system. In a little over a decade, 511 has gone from its original intent – a collection of recorded messages accessible via phone for pre-trip planning – to a network of dynamic traveller information services provided by states and cities throughout the US, offering access to a wide v
    Read More

Highlighted Content