HERE, the road-mapping company owned by BMW, Audi and Mercedes, spent $767 million on R&D in 2016, reports Reuters. HERE was bought by the Germans for €2.55 billion euros in 2015. A 15% stake was sold to Intel earlier this year. Another, smaller, stake was sold to Pioneer and a 10% stake was sold to ...
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from Electronics Weekly https://www.electronicsweekly.com/news/business/spent-767-million-2016-hi-res-mapping-driverless-cars-2017-09/
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