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HERE Global B.V. (HERE Technologies)
Business Overview
- Headquartered in Eindhoven, Netherlands
- provides mapping, location data, navigation, and location platform solutions mainly for automotive OEMs, transportation, logistics, mobility, enterprise, and public-sector customers. Its roots date back to U.S.-based Navteq established in 1985 and acquired by Nokia in 2007; the HERE brand was introduced under Nokia and later became independent after its acquisition by consortium of German car companies (Audi, BMW, and Daimler/Mercedes-Benz) in 2015. HERE’s current shareholders include Audi, BMW Group, Mercedes-Benz, Bosch, Continental, Intel Capital, Mitsubishi Corporation, NTT, and Pioneer. Mitsubishi Corporation and NTT jointly hold a 30% stake, while Intel acquired a 15% stake.
-Market Position -59% market share in European in-vehicle navigation map content (as of H1 2024) . Its primary focus areas are in-vehicle maps for OEMs, ADAS, SDV, location platforms, and enterprise map data.
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