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Nokia in talks to acquire Navteq |
masseur
Joined: Jan 03, 2003
Posts: > 500
From: Sydney, London
PM |
Reuters article
The acquisition would give Nokia -- which is looking for new revenue sources as the cellphone industry matures -- a stronghold in the navigation industry. With a market value of $7.6 billion, Navteq would be one of Nokia's largest takeovers
Others like Garmin and TomTom use Navteq data so I hope the impact to them would be minimal
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masseur
Joined: Jan 03, 2003
Posts: > 500
From: Sydney, London
PM |
seems this is official now...
Nokia press release
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fatreg
Joined: Jul 26, 2003
Posts: > 500
PM |
Nokia and NAVTEQ will host a conference call today, Monday, October 1, 2007 beginning at 16:00 in Helsinki / 14:00 in London / 08:00 in Chicago. The conference call will be available via live webcast at www.nokia.com/investor or by calling +1-888-636-1561 (North America) or +1-706- 634-5012 (international), with conference ID 19082045
20 mins to go...
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Posted: 2007-10-01 11:04
