Follow I4U News On Twitter
Gadget News, Rumors and Deals.

Nokia in talks to Aquire Navteq [Update]

Topic: Technology News

Posted on Mon, 1 Oct 2007 03:28:01 CDT | by Luigi Lugmayr

Nokia in talks to Aquire Navteq [Update]

Sponsored Links

Related Stories

Technology News

The WSJ reports that Nokia is apparently in acquisition talks with the number one navigation software maker Navteq.

Update:
Nokia officially announced today that they aquire Navteq for $8.1 billion. See this press-release.

TomTom bought in July the number two navigation software maker Tele Atlas for $2.7 billion.
Back then it was already likely that Navteq could be next. Navteq would be the largest acquisition Nokia ever did. They seem to be committed to move into the services area very quickly and boldly.
None of the companies has officially commented to the WSJ story.
More details on the WSJ.






Related Topics

Nokia PDA

blog comments powered by Disqus

Actions


Posted on Mon, 1 Oct 2007 03:28:01 CDT | by Luigi Lugmayr

I4U News Product Reviews

All I4U News Categories