Reuters reports that the German consortium – Daimler, BMW, and Audi – is having difficulties reaching an agreement over the sale price and structure of a potential deal with Nokia for its HERE maps business. Talks with the other interested parties, which include Uber and Baidu, and Tencent are not of interest anymore. “Talks have

According to Bloomberg and WSJ Nokia has found a buyer for its HERE mapping unit. The buyers are BMW, Audi and Mercedes who will reportedly pay $2.7 billion. Nokia has sought as much as $4 billion for HERE, people familiar with the matter have said. Other companies that had been rumored to be involved in

After months of negotiation, Nokia sells the HERE Maps division to the German consortium, BMW, Daimler and Volkswagen for $2.71 billion (£1.73 billion). 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

Auto supplier Bosch is in talks with high-definition digital maps company HERE, exploring whether to take a stake. HERE is controlled by consortium of BMW, Daimler and Volkswagen. The aim of the talks was to ensure that Bosch can continue to offer services to customers of HERE. Last December, AUDI AG, BMW Group and Daimler

Last year, BMW Audi and Daimler together dropped huge bucks on Nokia’s digital mapping service, HERE, to the tune of $3.1 billion. The idea was to acquire a sophisticated mapping service to help with autonomous technology while simultaneously keeping it out of the hands of outside competitors, such as Apple, Amazon and Facebook. However, HERE

Right here, the mapping corporate owned through Audi, BMW and Daimler, plans to deliver its services and products to China. The trio has partnered up with Chinese language web mammoth Tencent, virtual map supplier NavInfo and Singaporean funding company GIC, who will gain a 10 % stake in Right here, the virtual mapping corporate which

Right here, the mapping and site services and products corporate owned by way of Audi, BMW and Daimler, is getting a brand new spouse and investor. Chipmaker Intel has showed that it’s taking a 15 % stake within the industry, which it’s going to use to expand independent positioning techniques. The firms don’t seem to