Audi, BMW and Daimler have announced today that they have acquired the Nokia HERE Maps. Each of the three German car manufacturers will have an equal share in HERE Maps which will become an independent company.
According to rumors, the Germans have paid 3 billion USD, with one billion less than Nokia originally wanted. More than that, the deal will be finalized in the first quarter of 2016.
In addition, Audi, BMW and Daimler won’t interfere with HERE Maps operational business and the management will continue to be independent.
"Our environment is constantly changing. That’s why the information in digital maps has to be continually updated so that maximum utility can be offered", said Rupert Stadler, Chairman of the Board of Management of AUDI AG.
"High-precision digital maps are a crucial component of the mobility of the future. With the joint acquisition of HERE, we want to secure the independence of this central service for all vehicle manufacturers, suppliers and customers in other industries", added Dieter Zetsche, Chairman of the Board of Management of Daimler AG.
"HERE will play a key role in the digital revolution of mobility, combining high definition maps and data from vehicles to make travel safer and easier for everyone", specified Harald Krüger, Chairman of the Board of Management of BMW AG.