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Reggie's Avatar
Posts: 1,436 | Thanked: 3,144 times | Joined on Jul 2005
#7
Nokia announced today that it intends to acquire NAVTEQ for $8.1 billion. NAVTEQ is a leading provider of navigation maps commonly seen in mobile navigation devices from Garmin as well as on-board automobile navigation systems found in Audis, BMWs, Mercedes-Benzs, Jaguars, Prsches, and Volvos, to name a few. I like this move from Nokia. Garmin is one of the biggest clients of Navteq and at least in the US, Garmin navigation devices have the best maps. This would mean the same Garmin-quality compressed maps for Nokia devices. Can we infer that the next Internet Tablet will have a built-in GPS and navigation functionality? FYI, the Nokia N800 Navigation Kit uses maps from Navicore.
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