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

  • Toyota begins testing optimised urban transport system
    October 3, 2012
    Japanese motor manufacturer Toyota Motor Corporation (TMC) has begun tests of Ha:mo, an optimised urban transportation system. The tests involve TMC and its collaborative allies such as the municipal government of Toyota city, Yamaha Motor, Aichi Loop Line, Nagoya Railroad, Aichi Rapid Transit, Meitetsu Kyosho, Chukyo University, Meitetsucom, Hitachi and Meitetsu Bus. Ha:mo is the name being given to TMC-developed systems that seek to provide user, town, and community-friendly transport support through the
    Read More
  • South Africa's first multi-lane free-flow tolling top of the line
    February 3, 2012
    Kapsch's Kjell Arnesson talks about the first multi-lane free-flow tolling project in South Africa. In South Africa, installation is ongoing as part of the Gauteng Freeway Improvement Project (GFIP) of the country's first Multi-Lane Free-Flow (MLFF) tolling system.
    Read More
  • Renault-Nissan Alliance in Russian JV
    May 4, 2012
    The Renault-Nissan Alliance and state corporation Russian Technologies have agreed to create a joint venture and give the Alliance an indirect majority stake in Avtovaz, Russia's largest car company and maker of the iconic Lada brand. The Renault-Nissan Alliance, Avtovaz, Russian Technologies and Troika Dialog signed the non-binding agreement yesterday in Paris. According to the memorandum, the Renault-Nissan Alliance and Russian Technologies will contribute their respective stakes in Avtovaz to a joint ven
    Read More
  • Semi-autonomous hybrid vehicle trials show fuel, emission savings
    July 16, 2012
    The Transport Research Laboratory has unveiled an innovative semi-autonomous vehicle prototype. It offers improves in environmental performance and safety but also displays some shortcomings. Mike Woof reports. The UK's Transport Research Laboratory (TRL) has been working on an innovative project to develop a prototype vehicle intended to reduce fuel consumption. Based on a Ford Escape hybrid model, TRL's Sentience vehicle uses a combination of mobile communications and mapping technologies to reduce fuel c
    Read More

Highlighted Content