Intel Seeks Approval to Invest in German Auto Makers’ Digital-Mapping Venture – Wall Street Journal

Posted: Tuesday, January 03, 2017

Intel Corp. is acquiring a 15% stake in Here International B.V. for an undisclosed sum, joining the digital mapmaker’s core shareholders BMW AG, Daimler AG and Volkswagen AG’s Audi unit in developing navigation technology for self-driving cars.

Intel and Here aim to jointly develop technology needed to support the real-time updates of traffic and road conditions that are used to enable and ensure the safety of fully automated…

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