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

Related Content

  • Road safety systems implementation needs legislation
    February 27, 2012
    A few years back, as part of ongoing efforts to better myself, I took to reading the literary classics. I
    Read More
  • Investments in autonomous driving are accelerating, says report
    January 7, 2015
    Google and various automakers have increased their activity and investments toward the goal of self-driving vehicles, while Google has shifted from its previous strategy to now focus on fully driverless vehicles for the future. If successful, it will have significant implications for the auto industry, according to IHS Automotive, based on findings in its new report, Autonomous Driving: Question is When, Not If, which is an update to a previous report issued early in 2014. OEMs remain geared toward aug
    Read More
  • Joint IBTTA and ITS conference focuses on environmental issues
    March 12, 2012
    In St Louis on 4-6 October, the IBTTA and ITS America will be co-sponsoring their first joint event, which is intended to address the burgeoning environmental issues affecting road transport infrastructures. Here, Steve Snider and Larry Yermack, the two chief meeting organisers, talk about the event and its aims
    Read More
  • Here Technologies to provide live traffic service for Audi and Daimler cars
    January 11, 2019
    Here Technologies has announced it has been selected by Daimler to provide live information for its range of Mercedes Benz vehicles across the Americas and Asia Pacific, at CES 2019. The Here Real-Time Traffic service will provide drivers with information on real-time road conditions, including incidents and construction zones. Initially, the service will be available for Model Year (MY) 2019 2019 C-Class, E-Class and S-Class sedans, coupes and wagons. It is also planned to be enabled for MY 2020 A-Clas
    Read More

Highlighted Content