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

http://s2.reutersmedia.net/resources/r/?m=02&d=20170103&t=2&i=1167418153&w=780&fh=&fw=&ll=&pl=&sq=&r=LYNXMPED020E3

U.S. chip maker Intel (INTC.O) 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 DAIGN.DE, BMW (BMWG.DE) and Volkswagen (VOWG_p.DE).

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Story added 3. January 2017, content source with full text you can find at link above.