Eighteen months after its acquisiton of mapping and navigation firm Navteq, Nokia aims to make Ovi Maps a contextual platform at the centre of a variety of mobile applications.
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Nokia-owned mapping firm Navteq has acquired location based advertising firm Acuity Mobile for an undisclosed sum.
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The Informer keeps seeing these financial crisis-induced marketing emails that say things like: “Now is the perfect time to innovate!” or “Now is the perfect time to implement this cost management solution!”. But it strikes the Informer that what now is really the perfect time for is to be a Chinese equipment vendor. While all the other vendors are loosening their collars and tightening their belts, and shedding staff like a dog sheds hair (unless it’s a Portuguese Water Dog, of course), the Chinese vendors are having a right old knees-up.
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Motorola Handset vendor Nokia’s monster $8.1bn acquisition of mapping firm Navteq is back on track after the European Commission gave the deal the go ahead on Wednesday. The Finnish firm said it expects to close the purchase, it’s largest to date, within the next five business days. In March, the EC has extended its review of [...]
Finnish handset vendor Nokia continued its march into the services arena on Monday, through the acquisition of US mapping and location based services (LBS) firm Navteq. It is beleived that “deep discussions” have been ongoing for some weeks and Nokia just confirmed that it will pay $8.1bn for the firm, making it Nokia’s largest acquisition to [...]
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