Mapping company Here buys ATS to boost its over-the-air tech [TechCrunch Blog]
Navios Maritime Partners LP Common Units Representing Limited Partner Interests (NMM)
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Source: TechCrunch Blog
Mapping company Here buys ATS to boost its over-the-air techHere, the mapping company that powers location services in 100 million cars, is today announcing an acquisition to vastly improve how it distributes and updates its data. The company is buying Advanced Telematic Systems (ATS), a Berlin-based developer of secure over-the-air (OTA) technology, the basis for how wireless devices — including not just cars but smartphones and other hardware — get their systems updated securely — and also, these days, help feed back information to improve how those systems operate.Before now, Here has “only had a limited capability in [OTA technolgy] until now,” a spokesperson tells TechCrunch. “The ATS acquisition will make us a major player in this area.”Financial terms of the deal — which is expected to complete in the first quarter of 2018 — are not being disclosed.Founded in 2014 by Armin Schmidt, Dirk Pöschl and Arthur Taylor, ATS had earlier raised over $12 million, Here tells me, from conso
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- 2/13/24 - Form SC
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