topics

Nokia Closes $8.1 Billion Acquisition Of Navteq

After facing strict regulatory approval, Nokia (NYSE: NOK) said today it has officially closed the $8.1 billion acquisition of digital map company Navteq, which was before its expected Aug. 8 deadline. Now that Navteq will be part of Nokia, it will continue serve its current customer base but also invest in future, including expanding the number of countries it has already mapped and adding more content. Nokia believes strongly in the acquisition because they feel it is important to add context—time, place and people—to mobile internet services. More details at mocoNews.net...

Related Stories
Jul 10, 2008 11:55 AM ET

Posted In: Mobile, Money, M&A & Venture Capital, Mergers & Acquisitions, navteq, nokia

Comments (0)

Leave a Comment

Commenting is now closed for this article.

Unhealthily Obsessed With Mobile Content | mocoNews Newsletter

Know something we don’t?

Send Us a News Tip

All tips are anonymous and untraced.

Sponsors

Contributors