Nokia has jumped into the personal-navigation business with the acquisition of Navteq, for €5.7bn ($8.1bn). Chicago-based Navteq has about 3,000 employees based at 168 offices in 30 countries. The company will operate independently, providing existing customers with mapping information and continuing to run Traffic.com. Nokia …
Only a matter of time
Once TomTom bought Navteq's little brother (TeleAtlas) it was wait and see who had deeper pockets, 2008 onwards the competition will be Nokia V TomTom. I wonder how long it will be before Nokia buys Garmin?
- Vid Antarctic ice THICKER than first feared – penguin-bot boffins
- Antique Code Show World of Warcraft then and now: From Orcs and Humans to Warlords of Draenor
- iPhone sales set to PLUMMET: Bleak times ahead for Apple
- Regin: The super-spyware the security industry has been silent about
- New Snapchat Snapcash service inspires amateur PORN STARS