HERE Technologies welcomes Mitsubishi Corporation and NTT as new investors

Dear Readers,

Happy New Year 2020!!! We hope you had a great break! 😊

This week we would like to share with you one important strategic partnership announcement:

HERE Technologies announced that Mitsubishi Corporation (MC) and Nippon Telegraph and Telephone Corporation (NTT) of Japan are to jointly acquire a 30% ownership stake in the company.

Through the partnership, HERE plans to play a role in various strategic initiatives in Japan and other markets in Asia Pacific. These include deploying HERE technology in several projects to address customer needs in transportation and logistics and other industries, such as:

  • making truck logistics and last-mile delivery more efficient;
  • optimizing delivery routes and capacity management for middle mile logistics;
  • supporting smart city initiatives with an emphasis on reduction of traffic congestion; and
  • enabling better mobile navigation systems and location-based advertisements in airports and entertainment facilities.

Do you want to know more about this partnership read our press release and stay tuned. 😊

Got any questions? Contact mapcreatorbenelux@here.com

Join us in our Facebook group and follow us on Twitter!

Your WEU Community Team
Paolo, Francesco, Elena, Arturs, Alicja, Belén, Álvaro, Solène, Pierre-Yves Ben, Claire, Kleoniki, Pedro, Georg and Eric

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