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

Related Content

  • June 13, 2014
    EV inductive charging set to gain traction
    New analysis from Frost & Sullivan, Strategic Analysis of Inductive Charging for Global Electric Vehicles (EV) Market, finds that the total market for inductive charging is expected to experience a compound annual growth rate of 126.6 per cent from 2012 to 2020, with approximately 351,900 units likely to be sold. Inductive charging will account for 1.2 per cent of both public and residential charging in North America and more than 2.6 per cent in Europe. Residential charging will be the most popular method,
    Read More
  • February 1, 2012
    Need for harmonisation in ITS standards
    As the calendar rolls over, and we hop from continent to continent and World Congress to World Congress, where Memoranda of Understanding and cooperation agreements are the headline news, it is easy for those not intimately involved to forget that standards definition is a well-nigh continual process. Significant progress has been made in recent months towards achieving the critical mass and economies of scale which are going to drive development and deployment in, amongst other things, cooperative infrastr
    Read More
  • February 3, 2012
    Consumer telematics driving automotive electronics
    This year's Consumer Electronics Show in Las Vegas was characterised by consumer telematics solutions, writes Dave McNamara
    Read More
  • June 9, 2020
    The problem of mass transit ridership post-Covid 19
    Several pillars of Mobility as a Service – notably public transit, ride-share and micromobility – are under pressure as ridership plummets.
    Read More

Highlighted Content