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Intel Seeking Indirect Stake in Mapping Firm HERE: German Cartel Office

Chip maker Intel has sought approval to purchase a stake in HERE, a digital mapping agency managed by Germany’s carmakers Daimler, BMW and Volkswagen, a submitting to the German cartel workplace confirmed.

HERE couldn’t instantly be reached for remark. Intel declined to remark. Germany’s cartel workplace wouldn’t touch upon the scale of the stake sought by Intel.

The submitting dated Jan. 2 mentioned Intel Company is in search of an oblique stake in HERE Worldwide B.V.

In July, BMW teamed up with Intel and Mobileye to develop self-driving vehicles by 2021.

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