HERE, a Nokia company
HERE, a Nokia company is a company.
Financial History
Leadership Team
Key people at HERE, a Nokia company.
HERE, a Nokia company is a company.
Key people at HERE, a Nokia company.
HERE Technologies builds advanced mapping, location data platforms, and automotive services, including high-definition (HD) maps, real-time location intelligence, and tools for navigation, autonomous driving, EV routing, and IoT applications[1][2][6][7]. It serves automakers (e.g., Audi, BMW, Mercedes-Benz), logistics firms, mobility providers, telecommunications, enterprise, and industrial sectors, solving challenges like precise vehicle navigation, supply chain optimization, fleet management, and creating digital representations of reality to improve movement and interactions[2][6][7]. With over 8,000 employees across 52 countries and maps in 222 million+ vehicles, HERE demonstrates strong growth through 5,930+ patents and partnerships driving automotive innovation[2][4][6].
HERE's roots trace to 1985 as U.S.-based Navteq, which pioneered digitized mapping and in-car navigation systems, evolving into a leader in digital cartography by the 1990s with patents for online route guidance and GPS-based maps[1][2][4]. Nokia acquired Navteq for $8.1 billion in 2007, integrating it with Nokia Maps (later Ovi Maps and HERE in 2012) to form a unified location business under Nokia's Location & Commerce unit[1][3][4][8]. In 2015, Nokia sold HERE for €2.8 billion (net €2.55 billion) to a consortium led by German automakers Audi, BMW, and Daimler (Mercedes-Benz Group), with Intel holding a minority stake, allowing HERE to focus on automotive and enterprise mapping independent of Nokia's telecom shift[1][3][5].
HERE rides the wave of autonomous vehicles, software-defined cars, and IoT mobility, providing essential high-precision maps that enable Level 2+ automation, EV infrastructure, and connected ecosystems amid rising demand for reliable location data[4][5][7]. Timing aligns with automakers' push for data sovereignty—post-2015 acquisition prevented Google/Apple dominance, fostering consortium-driven innovation while competing with TomTom[5]. Market forces like EV adoption, fleet electrification, and supply chain digitization favor HERE's real-time intelligence, influencing the ecosystem through partnerships that standardize mapping for safer, efficient transport[2][4][6].
HERE is poised to dominate location tech in an era of fully autonomous fleets and smart cities, expanding EV tools, ADAS precision, and IoT integrations amid accelerating software-defined vehicle trends[4][7]. Trends like AI-enhanced mapping and open ecosystems will amplify its platform, potentially growing via deeper automaker ties and new sectors like urban air mobility. Its automaker-led model positions HERE to shape mobility independence, evolving from maps to the backbone of global movement.
Key people at HERE, a Nokia company.