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October 02, 2007
Cellphones: Nokia is buying Navteq, the world's biggest
Nokia is buying Navteq, the world's biggest digital map maker, for $8.1 billion. Nokia wants to be a leader in location-based services, and buying Navteq gives it the best access to the best database. GPS-maker TomTom is in the process of buying Tele Atlas, Navteq's only major worldwide competitor. [NYT]
From Cellphones: Nokia is buying Navteq, the world's biggest
Posted by Joe at October 2, 2007 10:51 AM
