Nokia aquires NAVTEQ
It appear today that Nokia has completed its accretion of NAVTEQ, a arch provider of absolute agenda map information.
As allotment of Nokia, NAVTEQ will abide to advance its world-class ability in the aeronautics industry, account its able chump base, and advance in the added development of its industry-leading map abstracts and technology platform.
It will abide to body out and aggrandize advantage of countries already included in its database as able-bodied as add new pieces of both changeless and activating content.
Powered by NAVTEQ’s industry arch maps data, Nokia will redefine the Internet and affiliated adventures by abacus ambience - time, place, humans - to web casework optimized for mobility. By bringing ambience to Internet services, Nokia will advance the next bearing of web innovation.
“Nokia and NAVTEQ calm accomplish a able combination, and barter will account as the transaction enables NAVTEQ to advance its amplification into new regions and acquaint avant-garde new content. This is an industry assertive for added advance and NAVTEQ will play a above role in the field,” said Olli-Pekka Kallasvuo, President and CEO, Nokia. “The accession of NAVTEQ comes at the appropriate time for Nokia’s business, acceptance us to actualize the arch area belvedere just as context-aware and location-based Internet casework aggrandize rapidly into adaptable communications devices.”
Judson Green, President and CEO of NAVTEQ, said: “Nokia has a abysmal compassionate of the requirements for the industry. As allotment of Nokia, NAVTEQ will added advance in its map and agreeable capabilities and accomplish our articles and casework easier for all our barter to use and access.”
NAVTEQ is a arch provider of absolute agenda map abstracts for automotive aeronautics systems, adaptable aeronautics devices, Internet-based mapping applications, and government and business solutions. NAVTEQ creates the agenda maps and map agreeable that ability aeronautics and location-based casework solutions about the world. The Chicago-based aggregation was founded in 1985 and has about 3 000 advisers amid in 168 offices in 30 countries.
“NAVTEQ’s map abstracts already play an important role in Nokia Maps service, which brings downloadable maps, voice-guided aeronautics and added context-aware web casework to people’s pockets. Now that the accretion has been completed, this role will become even added important as context-aware Internet casework grow,” added Niklas Savander, Executive Vice President for Casework & Software, Nokia.
Nokia Maps covers over 200 countries, with over 70 of them navigable. Nokia Maps 2.0 has bigger its alternative Car Navigation, added its banal navigation, added multimedia city-limits guides, offers digital images, and is antic a redesigned user interface.