Robert Bosch and Continental, two of the world’s biggest automotive suppliers, are each buying a 5 pc stake in location and digital mapping specialist Here. The two German companies are buying their stakes from Here’s main owners, premium car makers Audi, BMW and Daimler. The transactions are expected to be completed in the first quarter Read More..
TomTom will provide maps and traffic data to Uber, confirmingÂ that the Dutch mapping specialist will remain the biggest competitor to soon-to-be-German owned Nokia HERE. TomTom said it has signed a global, multi-year agreement with Â Uber, a fast-growing globalÂ taxi services provider that has developed an app that quickly brings drivers and customers together. Charles Cautley, managing Read More..
FRANKFURT â€“ The planned acquisition of Nokia HERE by a consortium of German premium carmakers provides a business opportunity for the map maker’s biggest competitor, TomTom’s new automotive boss said in an interview at the Frankfurt Auto Show last month. “It changes the competitive landscape, because HERE is no longer just a map supplier; it’s Read More..
A consortium of German carmakers is buying Nokia’s digital mapping business for 2.8 billion euros. Audi, BMW and Daimler confirmed in a press release that they will jointly acquire Nokia HERE and will run the mapping company as an independent entity that will provide a platform open to all customers. The three, which will hold Read More..
Nokia is considering the sale of its mapping unit, HERE, following its announcement of plans to acquire Alcatel-Lucent. The Finland-based telecommunications equipment maker said in a statement that it had “initiated a review of strategic options, including a potential divestment” of its HERE business. HERE is the navigation, mapping and location intelligence business built on Read More..
PTV and Inrix plan to work together to provide modeling software to address mobility issues in smart cities. PTV, a Germany-based logistics software group, and Inrix, a provider of real-time traffic information, said the cooperation will combine PTV’s analytics tools with the traffic data gathered by Inrix. In addition, the two companies will jointly market Read More..