Feeds

Nokia pays $8bn for Navteq

Show me the way to Finland

The Essential Guide to IT Transformation

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 is, of course, one of those customers - Navteq supplies the Nokia Maps application that comes with the N95 handset.

Nokia already embeds GPS in a couple of handsets, although the decision to upgrade the N95 to A-GPS (though a firmware upgrade) was more indicative of their commitment, as it requires Nokia to host servers providing the assistance (the "A" of "A-GPS").

But sat-nav isn't just about adding features to mobile phone handsets: it's also a route towards Nokia's Nirvana of selling maps, local guide information and, ideally, subscription services direct to customers. This is something that network operators have - at least in Europe - comprehensively failed to do.

Nokia already claims to be the world's largest manufacturer of cameras and portable music players, so can satellite-navigation equipment be far behind? ®

Boost IT visibility and business value

More from The Register

next story
Scotland's BIG question: Will independence cost me my broadband?
They can take our lives, but they'll never take our SPECTRUM
iWallet: No BONKING PLEASE, we're Apple
BLE-ding iPhones, not NFC bonkers, will drive trend - marketeers
Trying to sell your house? It'd better have KILLER mobile coverage
More NB than transport links to next-gen buyers - study
Auntie remains MYSTIFIED by that weekend BBC iPlayer and website outage
Still doing 'forensics' on the caching layer – Beeb digi wonk
Speak your brains on SIGNAL-FREE mobile comms firm here
Is goTenna tech a goer? Time to grill CEO, CTO
NBN Co adds apartments to FTTP rollout
Commercial trial locations to go live in September
prev story

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
Backing up Big Data
Solving backup challenges and “protect everything from everywhere,” as we move into the era of big data management and the adoption of BYOD.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.