Updated:07/02, 12:45pm, EDT
macnn: tag: NAVTEQ
Bookmark this page now or subscribe to RSS feed for this tag.

European Commission approves Nokia/NAVTEQ deal

July 2 - 12:45pm EDT   The European Commission has approved an acquisition of map maker NAVTEQ, Nokia has announced. With this validation in hand, the company says it has met all regulatory concerns, and plans to complete the buyout within a matter of five days. "NAVTEQ will play a key role in our Internet services strategy," reads a statement from Nokia CEO Olli-Pekka Kallasvuo. The acquisition will also likely save the company money on licensing, as it has previously had to pay companies like NAVTEQ for each use of a map on a phone. [full story]

TomTom cleared to buy mapmaker Tele Atlas

May 14 - 4:30pm EDT   European Commission officials today cleared GPS maker TomTom's plans to buy Tele Atlas. The government body says the buyout "would not significantly impede" competition in GPS navigators and attached no restrictions to the deal, which lets TomTom use an in-house source for its own maps. Although the possiblity exists for TomTom to artificially limit competition by blocking sales of Tele Atlas maps to outside companies, the existence of its rival Navteq makes that "unlikely," the Commission says. [full story]

European Commission probes Nokia/NAVTEQ deal

March 28 - 12:40pm EDT   The European Commission has begun a serious investigation into Nokia's planned purchase of NAVTEQ, Reuters says. The inquiry has an initial deadline of 90 days, with a possible extension to 125; in question is whether or not the deal violates any monopoly concerns. The Commission observes that NAVTEQ is only one of two major producers of digital maps for GPS services, which could give Nokia an unfair advantage in its cellphone business. [full story]
<< first1last >>
MacNN Web Advanced
more options
Turn your laptop into CASH: Sell us your used laptop. Working or not. Get money FAST. Instant online quote. Shipping is FREE.

Check Out the VIERA from Panasonic!: Enter a New Visual Era with Panasonic VIERA HDTVs. An Enhanced Experience.

Processor: Browse a huge selection now. Find exactly what you want today.

Duo Interpretation: The Perfect Performance offers suggested scenes from plays for use at speech tournaments and UIL One Act Play. Events offered include HI, DI, DUO and OO.

Duo from Alleon: Home and health care products. Great prices and fast shipping. Easy to buy online. Buy from The Apple Store, iTunes.com, Amazon.com, TechDepot, OfficeDepot, Computers4Sure, or donate.

Have your product or service listed here.