Intel acquires 15 percent stake in Here

Intel has acquired a 15 percent stake in mapping and location services company Here.

“Cars are rapidly becoming some of the world’s most intelligent, connected devices. We look forward to working with HERE and its automotive partners to deliver an important technology foundation for smart and connected cars of the future.”

-Brian Krzanich, Intel CEO

“A real-time, self-healing and high definition representation of the physical world is critical for autonomous driving, and achieving this will require significantly more powerful and capable in-vehicle compute platforms. As a premier silicon provider, Intel can help accelerate HERE’s ambitions in this area by supporting the creation of a universal, always up-to-date digital location platform that spans the vehicle, the cloud and everything else connected.”

-Edzard Overbeek, HERE CEO

Source: TechCrunch

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s