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Wednesday, January 04, 2017
Intel to Acquire 15 Percent Ownership of HERE


Intel has agreed to purchase a 15 percent ownership stake in HERE, a provider of digital maps and location-based services, from HERE's current indirect shareholders: AUDI AG, BMW AG and Daimler AG.



In conjunction with Intel's acquisition of a stake in HERE, the two companies also signed an agreement to collaborate on the research and development of a highly scalable proof-of-concept architecture that supports real-time updates of high definition (HD) maps for fully automated driving. Additionally, the two companies plan to jointly explore strategic opportunities that result from enriching edge-computing devices with location data.

The proof-of-concept architecture HERE and Intel plan to deliver will be designed to help make autonomous driving safe and predictable. For example, today's navigation technology can pinpoint a car's location to within meters, but next generation, HD mapping supports localization to within centimeters. This will help vehicles precisely position themselves on the roadway to enable reliable autonomous driving functionality. HERE HD Live Map, HERE's cloud service supporting vehicle automation, gives vehicles the ability to "see" obstacles beyond their immediate field of vision and receive real-time updates as environments change due to traffic, road conditions and other factors.

Intel will also work with AUDI AG, BMW AG and Daimler AG to test the architecture. Intel and HERE envision making the architecture broadly available across the automotive industry as an integrated offering that simplifies and shortens time of development for automakers.



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