Nokia is investing 72 million euros in smartcar technology

Nokia is going to 72 million euro to invest in technology for smartcars. The company informs that on its website. The money is put in a fund that Nokia used for investments in companies that have computing – and communication-technology lwa n for cars developing.

The fund will be managed by Nokia Growth Partners and investments among other things, to Nokia’s platform around kaartendienst Here to expand. Paul Asel of NGP calls the car a platform that is ripe for development. “Vehicles provide a new platform for development, similar to that of smartphones and tablets,” said Asel. Nokia already has any share in the navigation market through its Navteq division. With the Lord-service, brought the company all navigation to smartphones and tablets.

The investment comes two weeks after the sale of the telefoondivisie of Nokia. The Finnish company remains the owner of Lord and Microsoft takes a license to the kaartendienst. Nokia is not the only one who deals with car technology and the ‘connected car’, so invested Intel in 2012 to $ 100 million in their own fund. In addition, include Microsoft, Apple, Google and Samsung working on its own software platform to cars.

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