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Audi, BMW and Daimler set to acquire Nokia's HERE Maps

Aug 04, 2015    

Three major automobile manufacturers, Audi AG, BMW and Daimler AG have agreed to acquire Nokia Corporations location and mapping service, HERE. The three partners will hold equal shares of the company with none of them looking to acquire a majority. The acquisition is intended to create a swarm intelligence platform for cloud-based maps that is accessible to customers of the automotive sector.With HERE setting benchmarks in mobility and location services, this could be the answer to new assistance systems and possibly even autonomous driving. They aim to improve road safety by offering new pro...

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