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Daimler confirms talks with Amazon, Microsoft on Here stake

Wednesday 6 April 2016 | 11:46 CET | News
German car makers Audi, BMW and Daimler are in talks with Amazon.com and Microsoft  that could lead to the tech giants taking minority stakes in the Here digital mapping service, a senior Daimler executive told the Wall Street Journal. The three auto makers acquired Here from Nokia last year for EUR 2.5 billion. Soon after taking control of Here, the car makers began approaching tech firms and other auto makers about joining the venture as strategic investors. "We are talking to Amazon, Microsoft and many auto makers," Thomas Weber, a Daimler board member in charge of research and

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Categories: Internet / Mobile & Wireless
Companies: Amazon / Here / Microsoft
Countries: World
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