Nokia has finally come to a decision of buying the navigation company Navteq. Navigation devices market is hotting up, especially in emerging countries of Asia, and with the $8.1 billion acquisition of Navteq, Nokia will be competing with TomTom and this acquisition has brought digital maps of 69 countries in Nokia’s kitty. Nokia has taken locations based services and navigation services market very seriously and these kind of acquisitions are helping Nokia to compete with the big wigs in the navigation services market.
[Image Via: Original Story]
Did you enjoy reading this post? Why not comment and continue with the thread, or Subscribe to Not Another Mobile Phone Blog Feed and get high on the latest news & views about mobile phones.
Post a Comment
Please make sure that your comments are relevant to the blog post. Refrain from using links that are irrelevant, such comments and links would be deleted.