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What are the implications of the sale of Nokia's HERE to a consortium of German carmakers?

from Sensors & Systems

News that Nokia's HERE mapping division has settled on a suitor puts a multi-billion dollar mapping acquisition in the news again. The more than $3 billion price tag to a consortium of German carmakers (Audi, BMW and Daimler) is welcome news for those wishing that autonomous cars would arrive more quickly. The high dollar price is further validation that mapmaking, and the legacy of the HERE location database, are deemed of great value and difficult to create from scratch. more

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