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Nokia becoming a mobile GPS power house?

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We already knew that the Finnish Nokia was getting more and more into GPS on the go.

Today Nokia anounced that they have an definitive agreement to aquire NAVTEQ, one of the two biggest geographical data providers (read: mapping firms), just a few weeks after TomTom did aquire TeleAtlas, the other big company.

NavTeq will keep working independent, but as a Nokia Group company and just like TeleAtlas will keep providing old costumers with maps:

By joining forces with NAVTEQ, we will be able to bring context and geographical information to a number of our Internet services with accelerated time to market. We also look forward to maintaining and enhancing the services and support provided to NAVTEQ’s existing and future customers.

via: Gizmodo

October 1st, 2007 | No Comments | Posted in navigation, software
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