# Bosch and Continental to acquire stakes in HERE Technologies

HERE Technologies announced that Bosch and Continental have signed a definitive agreement to acquire indirect ownership stakes in HERE Technologies from AUDI AG, BMW Group, and Daimler. Bosch is acquiring a 5 percent indirect ownership stake.

- Type: Acquisition
- Announced: 2018-01-04
- Where: Netherlands
- Status: announced
- Products: digital mapping, location services
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Continental](https://endata.com/companies/925.md) (acquirer)
- [Audi](https://endata.com/companies/1225.md) (partner)
- [Bosch](https://endata.com/companies/1725.md) (acquirer)
- [Daimler](https://endata.com/companies/3543.md) (partner)
- [BMW](https://endata.com/companies/13009.md) (partner)
- [HERE Technologies](https://endata.com/companies/29173.md) (target)

## Sources

- [marklines.com](https://www.marklines.com/en/news/209997), 2018-01-04: "HERE Technologies announced that Bosch and Continental have signed a definitive agreement to acquire indirect ownership stake in HERE Technologies from HERE’s indirect shareholders AUDI AG, BMW Group, and Daimler."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.