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Navteq

Nokia To Chop 1,300 People From Its Navteq Mapping/Commerce Division

Sep 29, 2011 6:27 AM

No one ever said turnarounds were easy, and Nokia (NYSE: NOK)—currently the world’s largest handset maker—is one big ship. Today the company announced that it would be downsizing its manufacturing, as well as its mapping and commerce divisions, which will result in job losses totalling 3,500.

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Posted In: Jobs & Layoffs, Marketing, Mobile, Social Media, Technologies / Formats, Companies, HTC, Microsoft, Windows Phone, Nokia, Samsung, Countries, Europe, Germany, Finland, Asia, location, maps, mobile payments, navteq, nfc

Nokia Signs A Mapping Deal With CNN: Another Route To Revenues?

May 26, 2011 7:05 AM

Nokia (NYSE: NOK) is paring down its operations big-time in the lead-up to using Microsoft’s Windows Phone OS for its new portfolio of smartphones. One thing that is staying behind, though, is the company’s mapping division, which is actually getting more work, as it becomes the default mapping and navigation…

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Posted In: Apps, Mobile, Social Media, Video, Companies, Microsoft, Windows Phone, Nokia, Twitter, cnn, maps, navteq

The Mobile Lowdown 04-27-11: Google Mobile Patents; White iPhone; Navteq

Apr 27, 2011 6:07 AM

Our look at some of the stories in mobile today: Google (NSDQ: GOOG) looks to boost its mobile ammo by bidding for another set of moile patents; more on that all-important white iPhone; and another bit of news on Nokia (NYSE: NOK), refocussing Naveteq.

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Posted In: Legal, Patents, Regulatory, EC, Mobile, Social Media, Companies, Apple, iPhone, Google, Android, Microsoft, Windows Phone, Nokia, Countries, Middle East / Persian Gulf, navteq

Earnings
Nokia: Profit And Market Share Down; CEO: ‘Significant Challenges’ Ahead

Jan 27, 2011 6:24 AM

Nokia’s Q4 and full-year earnings report is coming in just now, and it spells out in numbers some of the issues facing the world’s biggest handset maker today.

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Posted In: Mobile, Money, Earnings, Companies, Nokia, navteq, nokia siemens networks

Confirmed: Nokia’s Navteq Has Bought Crowdsourced Traffic App Trapster

Dec 13, 2010 6:12 AM

Update: A spokesperson for Navteq has confirmed that the digital mapping division of Nokia (NYSE: NOK) has bought Reach Unlimited Corporation, owner of the crowdsourced traffic data app Trapster, for an undisclosed amount. This means that Navteq has also acquired the other two less well-known location-aware apps detailed in the…

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Posted In: Apps, Mobile, Money, M&A & Venture Capital, Mergers & Acquisitions, Technologies / Formats, GPS Navigation & Maps, Companies, Nokia, maps, navteq, reach unlimited, trapster, trapster.com, waze

Nokia’s NAVTEQ Acquires Location-Based Mobile Ad Firm Acuity Mobile

Sep 14, 2009 1:56 PM

After taking a stake in location-based mobile ad firm Acuity Mobile last year, Nokia’s own mobile mapping and ad unit NAVTEQ, has followed up with an outright acquisition. Financial terms were not disclosed, but an SEC filing reveals that NAVTEQ’s initial stake was worth at least $2.8 million. Acuity had…

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Posted In: Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, Nokia, acuity mobile, navteq

Local Searcher Zvents Gets $24 Million Second Round; Nokia, AT&T, Navteq Invest

Sep 30, 2008 7:24 AM

A big second round for local search startup Zvents... The San Mateo, CA-based company has raised $24 million from Nokia (NYSE: NOK) Growth Partners, AT&T (NYSE: T), and Navteq, along with past backers Vantage Point Venture Partners and Red Rock Ventures. The company previously raised $7 million in 2006, for…

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Posted In: Money, M&A & Venture Capital, Venture Capital, Companies, AT&T, Nokia, navteq, nokia growth partners, red rock ventures, vantagepoint venture partners, zvents

Nokia Closes $8.1 Billion Acquisition Of Navteq

Jul 10, 2008 10:59 AM

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…

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Posted In: Legal, Regulatory, Money, M&A & Venture Capital, Mergers & Acquisitions, Technologies / Formats, GPS Navigation & Maps, Companies, Nokia, navteq

Navteq Wants To Tap Nokia-Phone Users To Map The World

Jun 16, 2008 11:22 AM

As Nokia’s (NYSE: NOK) $8.1 billion acquisition of Navteq nears an expected close on Aug. 8, it’s time to ask what a mapping company and a handset-maker will look like once put together. In a Chicago Tribune story, we get Navteq CEO’s Judson Green perspective. He said by tapping into…

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Posted In: Money, M&A & Venture Capital, Mergers & Acquisitions, Technologies / Formats, GPS Navigation & Maps, Companies, Nokia, navteq

Nokia/Navteq To Get EU Green Light: Report; TomTom/Tele Atlas Complete

Jun 5, 2008 6:27 AM

Some news on a pair of related acquisitions… Nokia’s (NYSE: NOK) $8.1 billion proposed acquisition of Navteq is unlikely to get objection from the EU, reports Reuters. Back in March, there had been some talk that the tie-up would receive heightened scrutiny, but apparently the time has passed for the…

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Posted In: Money, M&A & Venture Capital, Mergers & Acquisitions, Technologies / Formats, GPS Navigation & Maps, Companies, Nokia, navteq, tele atlas, tomtom

Mobile Content Bits: Navteq Verizon Navigator; Chaka-Uta Full R Hits 200 Million

May 9, 2008 8:02 AM

— *NAVTEQ* powers revamped VZ Navigator: Digital map provider NAVTEQ (NYSE: NVT) has signed a deal with Verizon Wireless (NYSE: VZ), to use its NAVTEQ Traffic Mobile to power the network operator’s new traffic application on its upgraded VZ Navigator service. Subscribers will be able to access NAVTEQ’s live traffic…

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Posted In: Entertainment, Music, Technologies / Formats, GPS Navigation & Maps, Companies, Verizon, Countries, Asia, chaka-uta, navteq

Mobile GPS: At The Next Left, Hope For Anti-Trust Clearance

Apr 11, 2008 10:17 AM

Nokia (NYSE: NOK) is keeping quiet and corporate on its chances of winning European Commission clearance for its $8.1 billion acquisition of GPS map-maker Navteq, but TomTom sources are going public with concessions it’s offering to secure its TeleAtlas purchase… - Nokia: Nokia internet head Niklas Savander told a Helsinki…

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Posted In: Gadgets, Legal, Regulatory, Technologies / Formats, GPS Navigation & Maps, Companies, Nokia, Countries, Europe, navteq

Nokia’s Navteq Purchase Gets In-Depth EC Anti-Trust Probe

Mar 28, 2008 9:53 AM

The European Commission just confirmed earlier reports it will begin an in-depth inquiry in to Nokia’s (NYSE: NOK) proposed $8.1 billion acquisition of GPS mapping provider Navteq. It was always likely after the EC began a detailed and ongoing investigation in to TomTom’s similar acquisition of the other map maker,…

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Posted In: Legal, Regulatory, Money, M&A & Venture Capital, Mergers & Acquisitions, Technologies / Formats, GPS Navigation & Maps, Companies, Nokia, Countries, Europe, european commission, navteq

NAVTEQ Takes Stake In Acuity Mobile

Feb 6, 2008 3:38 PM

Digital mapping solutions provider NAVTEQ (NYSE: NVT) has taken an undisclosed equity stake in location-based advertising technology provider Acuity Mobile. It has also extended its licensing of Acuity Mobile technologies, which will allow it to continue offering its clients the ability to serve up location-based ads. It does not specify…

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Posted In: Advertising, Money, Technologies / Formats, GPS Navigation & Maps, Companies, Nokia, acuity mobile, navteq

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