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

  • Nokia to integrate Navteq in new business unit
    April 19, 2012
    Nokia has announced that Michael Halbherr has been appointed executive vice president to spearhead the company’s revised mission in mobile and location-based services. He will lead a new location and commerce business unit, which will be formed by integrating the Navteq business with Nokia's social location services operations. Nokia says the unit will develop a new class of integrated social location products and services for consumers, as well as platform services and local commerce services for device ma
    Read More
  • Jonathan Raper from TransportAPI is surfing the open data tidal wave
    August 13, 2015
    Jonathan Raper, managing director of the TransportAPI talks to Colin Sowman about the benefits open data can bring to the public transport sector. That the digital revolution would change the world, including transport, was never in doubt but the question has always been: how? Now, with the ‘Millennium Bug’ relegated to a question on quiz shows, the potential and challenges of digital technology are starting to take shape - and Jonathan Raper is in the vanguard. Raper is managing director of the open data t
    Read More
  • Germany’ plans subsidies to encourage EV use ‘an interesting move’
    April 29, 2016
    Germany has announced plans to motivate German citizens to buy electric and hybrid vehicles, say news reports, with a plan that the transport ministry hopes will boost sluggish electric-vehicle sales. The plan is expected to cost US$1.35 billion (€1.2 billion), with the government and automakers sharing the cost. Car buyers will receive a US$4,530 (€4,000) discount on electric vehicles and a US$3,398 ($3,000) discount on hybrids. The proposal also includes the installation of more charging stations
    Read More
  • TM 2.0 boost TMC data feed and driver influence
    November 15, 2017
    TM 2.0 views connected vehicles and V2I as two-way communications channels, benefitting traffic management and drivers, as Alan Dron discovers. As connected vehicles are progressively rolled out there will come a point at which traffic managers and traffic management centres (TMCs) will have to gear up to cope with a rapidly-evolving road scenario. The TM 2.0 Platform (see box) is promoting a concept of new-generation traffic management (which carries the same TM 2.0 title) and is studying how future T
    Read More

Highlighted Content