Internet Software and Services
Company Overview of HERE Holding Corporation
HERE Holding Corporation provides maps and other location content for navigation, location-based services, and mobile advertising applications around the globe. Its content is used in automotive navigation systems, portable and wireless devices, Internet-based mapping applications, and government and business solutions. The company also provides technical services, including strategic program management, technical customer support, system assessment testing, and customer engineering; and support services, which include distribution and marketing services. Its solutions are used by engineers and application developers, wireless (cellular) and Internet navigation service providers, automotive ...
425 West Randolph Street
Chicago, IL 60606
Founded in 1985
Key Executives for HERE Holding Corporation
Executive Vice President of NAVTEQ Sales
Principal Accounting Officer, Vice President and Corporate Controller
Senior Vice President of Asia Pacific Sales
Senior Vice President of NAVTEQ Map
Senior Vice President of Human Resources
Compensation as of Fiscal Year 2015.
HERE Holding Corporation Key Developments
Nokia May Reportedly Sell HERE To German Carmakers
Jun 17 15
Nokia Corporation (HLSE:NOK1V) is leaning towards selling HERE Holding Corporation to a group of German carmakers including Daimler AG (XTRA:DAI), Bayerische Motoren Werke Aktiengesellschaft (DB:BMW), Volkswagen AG (XTRA:VOW3) and AUDI AG (DB:NSU), reports Bloomberg, citing people familiar with the matter. Despite preferring to sell HERE to the German group, sources said Nokia is not satisfied with their most recent offers and plans to pressure them by soliciting bids elsewhere in search of a desired $4 biilion price tag. Baidu, Inc. (NasdaqGS:BIDU) could partner with the German group, one source added.
NavInfo Eyeing HERE
Jun 2 15
NavInfo Co., Ltd. (SZSE:002405) is said to be interested in acquiring HERE Holding Corporation. NavInfo declared that the Board has agreed for the top management to evaluate HERE to decide whether to participate in bidding the latter. Other bidders included AUDI AG (DB:NSU), Bayerische Motoren Werke Aktiengesellschaft (DB:BMW), Mercedes-Benz Automobil AG, Uber Technologies, Inc., Baidu, Inc. (NasdaqGS:BIDU), Tencent Holdings Limited (SEHK:700), Microsoft Corporation (NasdaqGS:MSFT), Apax Partners LLP, Silver Lake, Hellman & Friedman LLC, Thoma Bravo, LLC, and EQT Partners AB. Nokia Corporation (HLSE:NOK1V) Chief Executive Officer said that HERE will be sold for reasonable prices.
Nokia CEO Says Not In a Hurry To Sell HERE
May 22 15
Nokia Corporation (HLSE:NOK1V) is in no hurry to sell its mapping unit HERE Holding Corporation despite receiving high quality bids, Chief Executive Rajeev Suri said in a trade magazine interview. Telecoms network equipment maker Nokia began a strategic review of its maps business.
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