Breaking News

ASUS Announces Late-August Availability of ProArt Display 6K PA32QCV ASRock Announces Exciting New AMD X870E motherboards ASUSTOR 30 TB Ironwolf Pro Now Officially Supported ASUS Announces ExpertCenter P500 SFF Lexar Launches the NM990 PCIe 5.0 SSD

logo

  • Share Us
    • Facebook
    • Twitter
  • Home
  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map

Search form

Amazon May Buy Stake in HERE: report

Amazon May Buy Stake in HERE: report

Enterprise & IT Mar 31,2016 0

Amazon has been reportedly in talks with a consortium of German carmakers about taking a stake in digital mapping company HERE, Reuters reported on Thursday. Last August, BMW, Audi and Mercedes agreed to pay 2.5 billion euros ($2.8 billion) to buy Nokia's mapping business as part of plans to develop self-driving cars.

Since then, the consortium has started negotiations with potential new partners mainly from the automotive industry.

Now, it seems that Amazon has emerged as a possible shareholder.

The consortium needs the capacity of cloud computing to ensure that maps can cope with live updates on traffic and road conditions using data collected from sensors on thousands of Mercedes, BMW and Audi cars.

Amazon could take advantage HERE's accurate and real-time maps as the company is rolling out new one- and two-hour delivery services in major cities in the United States and Europe.

Amazon did not respond to requests to comment.

Tags: Amazon
Previous Post
LG G5 Now Shipping In United States
Next Post
Build 2016: Microsoft Announces Cloud Services, Developer Tools

Related Posts

  • Crucial UK Amazon Tech Week Promos - May 2025

  • Crucial UK - Amazon Prime Deals

  • Crucial UK Amazon Prime Deals July 2024

  • Amazon and Anthropic Announce Strategic Collaboration to Advance Generative AI

  • Amazon Introduces Its Most Powerful Fire TV Sticks, Echo Show 8, Echo Hub, Echo Frames and eero Max 7

  • Amazon Introduces Blink Outdoor 4—Even Better Image Quality, Same Long Battery Life

  • Amazon Sues Online Stores Selling Pirated DVDs

  • AMD Showcases Leadership Cloud Performance with New Amazon EC2 Instances Powered by 4th Gen AMD EPYC Processors

Latest News

ASUS Announces Late-August Availability of ProArt Display 6K PA32QCV
Enterprise & IT

ASUS Announces Late-August Availability of ProArt Display 6K PA32QCV

ASRock Announces Exciting New AMD X870E motherboards
PC components

ASRock Announces Exciting New AMD X870E motherboards

ASUSTOR 30 TB Ironwolf Pro Now Officially Supported
Enterprise & IT

ASUSTOR 30 TB Ironwolf Pro Now Officially Supported

ASUS Announces ExpertCenter P500 SFF
Enterprise & IT

ASUS Announces ExpertCenter P500 SFF

Lexar Launches the NM990 PCIe 5.0 SSD
PC components

Lexar Launches the NM990 PCIe 5.0 SSD

Popular Reviews

be quiet! Light Loop 360mm

be quiet! Light Loop 360mm

be quiet! Dark Mount Keyboard

be quiet! Dark Mount Keyboard

be quiet! Light Mount Keyboard

be quiet! Light Mount Keyboard

Noctua NH-D15 G2

Noctua NH-D15 G2

Soundpeats Pop Clip

Soundpeats Pop Clip

be quiet! Light Base 600 LX

be quiet! Light Base 600 LX

Crucial T705 2TB NVME White

Crucial T705 2TB NVME White

be quiet! Pure Base 501

be quiet! Pure Base 501

Main menu

  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map
  • About
  • Privacy
  • Contact Us
  • Promotional Opportunities @ CdrInfo.com
  • Advertise on out site
  • Submit your News to our site
  • RSS Feed