Google Blogoscoped

Forum

Nokia is buying Navteq for $8.1 Billion

Colin Colehour [PersonRank 10]

Monday, October 1, 2007
16 years ago2,806 views

<< Nokia Oyj, the world's biggest mobile-phone company, agreed to buy Navteq Corp. for $8.1 billion to gain digital maps of 69 countries and compete with TomTom NV in the market for navigation devices. >>

Navteq licenses their data to Google and Yahoo to supply the necessary map data for each companies mapping products. What does this mean for Google Maps and Yahoo Maps next year?

http://www.bloomberg.com/apps/news?pid=20601087&sid=a4YEMpuUnzTA&refer=home

Forum home

Advertisement

 
Blog  |  Forum     more >> Archive | Feed | Google's blogs | About
Advertisement

 

This site unofficially covers Google™ and more with some rights reserved. Join our forum!