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Intel picks up 15% stake in German mapping company HERE for autonomous vehicle tech push
Fp Archives •US chip maker Intel will take a 15 percent stake in German digital mapping firm HERE, it said on Tuesday, as it seeks to build its presence in automated driving technology.
Auto industry giants team-up in battle against Silicon Valley tech firms
Fp Archives •Alarmed by the threat posed by Silicon Valley firms to their businesses in developing autonomous driving systems, it was evident at the Paris Motor Show this week that carmakers are seeking to fighting back by cooperating in areas of technology development where previously they might have tried to compete.
German map maker HERE to team up with automakers to share data on traffic conditions
Fp Archives •German digital map maker HERE will introduce a new set of traffic services this week that allows drivers to see for themselves what live road conditions are like miles ahead using data from competing automakers, an industry first.
Nokia to start job cuts following Alcatel deal
Fp Archives •Finland's Nokia launched a job cutting programme on Wednesday following its acquisition of France's Alcatel-Lucent, but did not say how many positions it was planning to axe.
Daimler confirms HERE in talks with Amazon, Microsoft
Fp Archives •Amazon.com and Microsoft are in talks about taking a minority stake in HERE, a digital mapping business controlled by Germany's luxury carmakers to help develop self-driving cars
Amazon, Microsoft look for big data role in self-driving cars
Fp Archives •Amazon.com and Microsoft are in talks to supply cloud computing to digital mapping business HERE, owned by a group of German carmakers developing self-driving cars, sources familiar with the matter said.
Amazon possibly in talks to buy stake in mapping company HERE
Fp Archives •Amazon is in talks with a consortium of German carmakers about taking a stake in high-definition digital mapping company HERE, two auto industry sources familiar with the matter said.
Daimler CEO says digital mapping consortium HERE in expansion talks
Fp Archives •In August last year, German carmakers BMW, Audi and Mercedes, agreed to pay 2.5 billion euros ($2.8 billion) to buy Nokia's high definition maps business, in a step to develop self-driving cars.
HERE appoints new CEO to lead mapping company under BMW Mercedes-Benz and Audi
Fp Archives •Digital mapping company HERE, which was bought by BMW Mercedes-Benz and Audi, has appointed Edzard Overbeek as chief executive to help Germany's luxury carmakers develop self-driving vehicles.
Uber wants Nokia's mapping service HERE, offers $3 bn, reports NYT
Fp Archives •Finland's Nokia said last month it had started a strategic review for HERE, a competitor to Google Maps, after announcing a takeover of network equipment rival Alcatel-Lucent.