31-03-2016 19:33 via uk.news.yahoo.com

Amazon in talks to buy stake in mapping company HERE: sources

Amazon is in talks with a consortium of German carmakers about taking a stake in high-definition digital mapping company HERE, two auto industry sources familiar with the matter said 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.
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