03-01-2017 17:24 via news.yahoo.com

Intel to take 15 percent stake in mapping firm HERE: source

Chip maker Intel is to take a 15 percent stake in digital mapping firm HERE, a person familiar with the process told Reuters on Tuesday. A filing to the German cartel office earlier on Tuesday showed that Intel had sought approval to buy a stake in the company, which is controlled by German carmakers Daimler , BMW and Volkswagen . Intel declined to comment beyond the fact that is was seeking to take a stake in HERE.
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