Tuesday, January 3, 2017

Intel and HERE Work on HD Mapping with Centimeter Precision

Intel will acquire a 15 percent ownership stake in HERE, a developer of digital maps and location-based services based in the Netherlands. HERE is a private company, which is indirectly wholly owned by AUDI AG, BMW AG and Daimler AG. Intel and HERE will collaborate on the research and development of a highly scalable proof-of-concept architecture that supports real-time updates of high definition (HD) maps for highly and fully automated driving....

Molex takes 20% Stake in Excelfore for Smart Vehicles

Molex has acquired a 20% equity stake in Excelfore, a start-up based in Silicon Valley developing a cloud platform and connectivity applications for intelligent transportation. Molex’s investment is part of a Series A round of funding in Excelfore, which is geadquartered in Fremont, CA with offices in China, Germany, India, and Japan, Excelfore specializes in middleware solutions for smart mobility networks that support next-generation smart,...