Nokia Buys Navteq for $8.1 Billion - WIRED

What Does Nokia Buys Navteq For $8 Billion, Bets Big On Location-Based Do?

A Navteq spokesperson stated that "Navteq believes that community-generated information has a vital part to play in area content". Nokia Area & Commerce integration [edit] In 2011, Nokia announced Navteq would be completely combined into Nokia, its CEO Larry Kaplan helping through year end and leaving the business. The freshly formed entity, branded Nokia Place & Commerce, would be headed by Michael Halbherr, and be formed of Nokia and former Navteq employees.

In 2012, the brand-new trademark name HERE was introduced for Nokia Location & Commerce. On 3 August 2015 Nokia revealed an agreement to offer Here to a consortium of 3 German automotive business, Audi AG, BMW Group and Daimler AG, at an enterprise worth of 2. 8 billion euros. The consortium will jointly own Here, which will continue to operate as a different service and serve other clients besides its owners.

Navteq // Vizrt

Archived from the original on 24 May 2008. "History". NAVTEQ Corporate - About Us. Navteq. Obtained 18 June 2012. Bourdage, Kellie (24 July 2006). "NAVTEQ to Boost Microsoft "Flight Simulator X": 10th Edition Provides Enriched Real Life Functions". NAVTEQ's Latest Press Releases. Archived from the original on 19 July 2013.

Little Known Facts About EC opens in-depth probe of Nokia-Navteq deal - Network World.

"About NAVTEQ Map Press Reporter". Navteq. Archived from the initial on 22 July 2011. Retrieved 9 October 2010. "Combination Choices". Navteq. Obtained 9 October 2010. "History of NAVTEQ Corporation Funding, Universe". www. fundinguniverse.com. "The most current Nokia phones and accessories Nokia Phones US". www. nokia.com. "European Regulators Clear Navteq Sale to Nokia".

"Nokia's Navteq purchases traffic service Trapster". Reuters. Obtained 26 February 2011. "Archived copy". Archived from the initial on 9 July 2015. Retrieved Find More Details On This Page . CS1 maint: archived copy as title (link) Di, Stefano, Joseph N. "Nokia to cut 300 tasks at Navteq Traffic. com in Malvern". "Nokia - Our structure".

Recovered 25 November 2013. Lunden, Ingrid (19 June 2015). "Sizing Up The Suitors For Here, Nokia's Map Service". techcrunch. Retrieved 28 January 2021. "Nokia completes next stage of transformation with arrangement to sell HERE to automotive industry consortium at a business worth of EUR 2. 8 billion". Nokia Corporation. Archived from the original on 16 August 2015.

The 3-Minute Rule for A Comparison of the Street Networks of Navteq and OSM in

Scott, Mark (3 August 2015). "German Carmakers Buy Nokia's HERE Mapping Unit for $3 Billion". The New York City Times. Retrieved 10 August 2015. External links [edit]