Nokia Acquires Medio to Improve HERE Maps
Medio’s predictive analytics technology accelerates HERE vision to personalize mapmaking
HERE, a leader in mapping and location intelligence, completed the acquisition of Medio Systems Inc., a Seattle-based company that is a pioneer in the emerging field of real-time predictive analytics.[blockquote cite=”Michael Halbherr, CEO of HERE”] Medio’s technology will accelerate our vision to seamlessly bridge the real and virtual worlds. We believe that the focused investments we’re making today will enable us to take maps far beyond where they are today to become a valuable source of location intelligence.
[/blockquote] HERE intends to share Medio’s technology, as relevant, with the other two businesses of the Nokia Group, Nokia Networks and Nokia Technologies, to further capitalize on the acquisition.