Thursday, November 23, 2017

Intel buys stake of cloud-based digital maps HERE, vows to lay the foundation from the car to the data centre

Goal is to create of a universal, always up-to-date digital location platform that spans the vehicle, the cloud and everything else connected.

In its latest push to create an intelligent ecosystem that will connect smart vehicles to the data centre and vice versa, Intel has announced the intention to acquire part of cloud-based Android and iOS digital maps and navigation app provider HERE.

HERE, until 2015 a Nokia business division, was developed by HERE Global B.V. and is a private company which is indirectly wholly owned by a consortium of automakers that includes AUDI AG, BMW AG and Daimler AG.

Intel is to acquired 15% of the business and has also signed an agreement to collaborate on the research and development of a highly scalable proof-of-concept architecture that supports real-time updates of high definition (HD) maps for highly and fully automated driving.

drive-notification-e1482141586392Intel and HERE have also agreed to jointly explore strategic opportunities that result from enriching edge-computing devices with location data.

The two companies plan to create a proof-of-concept architecture designed to help make autonomous driving as safe and predictable as possible.

Intel will also work with AUDI AG, BMW AG and Daimler AG to test the architecture.

In a statement, Intel said the company is positioned to “provide a secure, flexible and scalable technology foundation for the future of autonomous driving from the vehicle to the data centre”.

The transaction is expected to close in Q1 2017, after obtaining regulatory approvals. Intel will nominate Doug Davis, SVP and GM of the Automated Driving Group (ADG) at Intel, to HERE’s Supervisory Board of directors once the transaction is completed.

Brian Krzanich, Intel CEO, said: “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.”

Edzard Overbeek, HERE CEO, said: “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.

“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.”