Audi, BMW, Daimler Acquire Nokia Mapping Service
Audi, BMW and Daimler agreed to acquire Nokia's mapping and location services business "Here," the automakers said in a joint announcement. Financial terms weren't disclosed, but the deal is expected to close in Q1 2016, they said. Here is the…
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mapping system used on Nokia and Windows smartphones. Its big plus is the ability to pre-load maps before traveling and using them at the destination without the need for a wireless connection. The companies noted that mapping services will be key in the move toward self-driving vehicles.