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

  • Land Rover demonstrates remote-control Range Rover Sport
    June 18, 2015
    Jaguar Land Rover, part of the UK Autodrive consortium, has demonstrated a remote control Range Rover Sport research vehicle, showing how a driver could drive the vehicle from outside the car via their smartphone. The smartphone app includes control of steering, accelerator and brakes as well as changing from high and low range. This would allow the driver to walk alongside the car, at a maximum speed of 4mph, to manoeuvre their car out of challenging situations safely, or even to negotiate difficult off
    Read More
  • Driverless vehicles ‘need quality road markings’
    September 20, 2013
    UK company Quality Marking Systems has released its comments on a recent road safety article in the Road Safety Markings Association’s (RSMA’s) Top Marks magazine entitled ‘ERF at the forefront of improving road safety in Europe’. The article examines the growing importance of a well maintained road infrastructure and indicates that the European Union Road Federation (ERF) has initiated a very promising cooperation with the European Road Assessment Programme and the European Association of Vehicle Manuf
    Read More
  • Overture Maps releases its transportation dataset
    December 20, 2024
    Open-map dataset includes 86 million kilometres of roads worldwide
    Read More
  • ITS advancement lays beyond benefit-cost analysis
    May 29, 2013
    Shelley Row, former Director of the US Department of Transportation’s ITS Joint Program Office, gives her views on the way forward for the industry. We, as intelligent transportation system (ITS) proponents and engineers, tend to be overly fixated on benefit-cost data. We want decisions to be made on logical grounds for which benefit-cost calculations are optimal. While benefit-cost data is necessary, it is not always sufficient. We can learn from our history where we see three broad groups of ITS deploymen
    Read More

Highlighted Content