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
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 to1674 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.
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
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.
