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ECT News Community   »   E-Commerce Times Talkback   »   Re: Nokia Maps New Location Strategy With Navteq Buy



Re: Nokia Maps New Location Strategy With Navteq Buy
Posted by Fred J. Aun on 2008-04-15 18:13:03
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Nokia, the world's biggest mobile phone maker, has agreed to buy navigation specialist Navteq, a deal that Nokia says will help it expand its business into location-based Internet services. The Finnish phone giant will pay $8.1 billion for the Chicago-based company, pending regulatory and shareholder approval. Nokia's offer of $78 per share represents a 34 percent premium to Navteq's stock price of one month ago, Navteq Chairman of the Board Christopher Galvin noted.





 * Topic  Author  Date
Re: Nokia Maps New Location Strategy With Navteq Buy  Fred J. Aun  2008-04-15 18:13:03
download maps without map loader  bugmenot1  2008-04-15 18:14:47
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