03-01-2017 19:43 via news.yahoo.com

Intel to take stake in German mapping firm HERE in automated driving push

U.S. chip maker Intel will take a 15 percent stake in German digital mapping firm HERE, it said on Tuesday, as it seeks to build its presence in automated driving technology. A filing to the German cartel office on Tuesday showed Intel has sought approval to buy a stake in the company, which is controlled by German carmakers Daimler , BMW and Volkswagen . Intel and HERE said in a statement that they had also signed an agreement to collaborate on the research and development of real-time updates
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