back to article Nokia pays $8bn for Navteq

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 …

COMMENTS

This topic is closed for new posts.

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?

0
0
This topic is closed for new posts.

Forums