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posted by takyon on Monday August 03 2015, @04:50PM   Printer-friendly
from the here-be-driverless dept.

BBC writes that German carmakers Audi, BMW and Daimler are buying Nokia's "Here" maps business for €2.8bn (£2bn):

"High-precision digital maps are a crucial component of the mobility of the future," said Dieter Zetsche, chairman of the board of Daimler. The carmakers plan to use Here's technology to combine precise digital maps with real-time vehicle data more closely. "For the automotive industry, this is the basis for new assistance systems and ultimately fully autonomous driving," the automakers said in a statement.

The rival automakers each plan to hold an equal stake in Here. The company said vehicle manufacturers are sharing data to make real-time map updates a reality.

Perhaps it's also worth mentioning that Nokia bought Navteq in 2007 for €5.7bn.

takyon: Nokia Intends to Buy Alcatel-Lucent
BMW, Audi, and Mercedes Want to Buy Nokia's Here Mapping Group
Uber Acquires Mapping Assets and Employees From Microsoft/Bing


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  • (Score: 3, Interesting) by c0lo on Monday August 03 2015, @07:07PM

    by c0lo (156) Subscriber Badge on Monday August 03 2015, @07:07PM (#217510) Journal

    Sadly I assume that Here will become another great product lost to corporate madness.

    On the contrary, it will remain as great as ever. The only difference: forget Google Play, you'll have to buy a German luxury car to access it.

    --
    https://www.youtube.com/watch?v=aoFiw2jMy-0 https://soylentnews.org/~MichaelDavidCrawford
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  • (Score: 2) by GungnirSniper on Monday August 03 2015, @08:21PM

    by GungnirSniper (1671) on Monday August 03 2015, @08:21PM (#217556) Journal

    Does it benefit from a massive user base that will send in corrections and traffic data otherwise, if there is no free app version?