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

  • Federal Signal supplies all the elements of end to end tolling
    January 31, 2012
    Manfred Rietsch, group president of Federal Signal Technologies (FST), talks about the recent acquisitions forming FST and the organisation's plans for the future. "Our philosophy is going to be about open access" Federal Signal has been on a buying spree. An energetic policy of acquisition over the past few months has seen the company reposition itself as an end-to-end provider of Electronic Toll Collection (ETC) systems with what it states is a portfolio of proven, best-in-class technologies which will al
    Read More
  • Toyota to build HD maps for automated vehicles using camera data
    March 5, 2019
    Toyota Research Institute-Advanced Development and telematics company Carmera are conducting a ‘proof of concept’ project to develop camera-based automation of high definition (HD) maps for roads in Japan. Toyota says the project will help realise its automated mapping platform, an open software concept which supports automated driving by combining data gathered from vehicles of participating companies to generate HD maps. Cameras which use Toyota Safety Sense (TSS) components will be equipped to th
    Read More
  • Pennsylvania Turnpike Commission awards traffic analytics contract
    October 23, 2014
    Iteris, partnering with HERE, a Nokia company, is to implement performance monitoring using its flagship traffic analytics and performance measurement system, iPeMS, with HERE mapping and traffic data, to provide the Pennsylvania Turnpike Commission (PTC) with advanced traffic analytics across its tolled network.
    Read More
  • Bordeaux beckons the world ITS community
    September 21, 2015
    In less than three weeks’ time, global transport leaders and policy makers will gather to experience the latest developments from the intelligent transport solutions (ITS) industry, as the ITS World Congress opens its doors in Bordeaux, France. The Congress, run by Ertico, is the 22nd ITS World Congress, and is centred on the theme of “Towards Intelligent Mobility – Better Use of Space”. It will focus not only on how achieving intelligent mobility will change our lives but also on how space can benefit I
    Read More

Highlighted Content