Navteq Newswire

Navteq Newswire

Comprehensive Real-Time News Feed for Navteq.

Results 1 - 20 of 3,162 in Navteq

  1. A decade of Nokia, NAVTEQ and HERE - was it all worth it, financially?Read the original story w/Photo

    9 hrs ago | Allaboutsymbian.com

    Guest writer Carl-Johan Eelde looks into the recent sale of Nokia's NAVTEQ/HERE to a german car consortium, after buying it seven years ago - was it all worth it? Now, Nokia Devices and Services and NAVTEQ combined: 5.44 + 2.5/2.8 = 7.94/8.24 Billion EUR. We can add those 2.0 Billion USD from Microsoft, if we want.

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  2. Nokia Sells Mapping Unit to German Carmakers for $3.1 BillionRead the original story w/Photo

    14 hrs ago | Skift

    ... equipment. The price compares with the $8.1 billion that Espoo, Finland- based Nokia paid in 2008 for map provider Navteq Corp., one of the businesses that it combined to create HERE. Supplying HERE's technology to other carmakers would also enable ...

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  3. Music ReviewsRead the original story

    14 hrs ago | Los Angeles Times

    Any Aretha Franklin performance in Los Angeles is a special occasion if only because her aversion to flying makes visits to the West Coast from her Detroit home relatively few and far between. Still, her performance at the Microsoft Theater was exceptional on a number of fronts.

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  4. Audi, BMW, Daimler buy Nokia's Here digital mapping businessRead the original story w/Photo

    15 hrs ago | Autoblog

    ... is one of the largest and most advanced digital mapping and location systems. It started out in Chicago in 1986 as Navteq before Nokia acquired it in 2007, and is now slated to change ownership again. The cloud-based service maintains ...

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  5. German Carmakers Challenge Google, Uber With $3 Billion HERE DealRead the original story w/Photo

    16 hrs ago | Forbes.com

    ... euros ($3.1 billion) together to buy Nokia's mapping assets HERE. The unit is used to be American mapping firm Navteq, which Nokia bought eight years ago for $8.1 billion. Nokia is essentially selling HERE for less than half the price it bought it, ...

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  6. German car makers to buy Nokia map serviceRead the original story w/Photo

    16 hrs ago | The Peninsula

    ... industries," Daimler chief executive Dieter Zetsche added. Nokia paid $8.1bn in 2008 for US digital map provider Navteq, one of the firms that merged to create HERE, a direct competitor of Google Maps. The German acquisition deal had been in the ...

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  7. Finance news you need to know todayRead the original story w/Photo

    17 hrs ago | NEWS.com.au

    ... for 2.8 billion euros. Here - a direct competitor to Google Maps - was bought by Nokia from the US tech company Navteq for $US8.1 billion in 2008. 1. SYDNEY - The Australian dollar has dipped ahead of the Reserve Bank's monetary policy announcement. ...

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  8. BMW, Audi, and Mercedes Just Bought Nokia's Mapping TechRead the original story w/Photo

    17 hrs ago | Wired

    Nokia has agreed to sell its mapping business to a consortium of German automakers as the race between car companies and Silicon Valley to build and deliver self-driving vehicles intensifies. The 2.8 billion euro deal announced today is a coup for BMW, Audi, and Mercedes-Benz, which beat out rival bidders to gain navigation technology that built from years of research and development - not to mention Nokia's $8.1 billion acquisition in 2007 of Navteq, a Chicago-based digital mapping and navigation business.

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  9. BMW, Audi and Mercedes-Benz acquire Nokiaa s maps for next-gen autosRead the original story

    17 hrs ago | The Standard

    ... hazards such as icy roads, accidents and traffic jams. Nokia paid US$8.1 billion in 2008 for US digital map provider Navteq, one of the firms that merged to create HERE, a direct competitor of Google Maps. HERE has a solid list of industrial and ...

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  10. Eurobites: Nokia Seals HERE SaleRead the original story w/Photo

    Yesterday | Light Reading

    Also in today's EMEA regional roundup: Mobily swings to a Q2 loss; mobile boosts Telkom's fiscal Q1; BT launches 4K sports content. Nokia Corp. has agreed to sell its mapping services unit, HERE, to a consortium of German carmakers, for 2.8 billion .

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  11. German car makers buy Nokia maps to fend off digital rivalsRead the original story w/Photo

    19 hrs ago | The Globe and Mail

    ... to create an alternative platform to HERE for car makers. HERE was created via the $8.1-billion acquisition of Navteq in 2008 by Nokia, which aimed to create consumer map services for mobile phone users but later switched to focus on car makers. ...

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  12. 3 German Automakers Buy Nokia's Mapping Software BusinessRead the original story w/Photo

    21 hrs ago | TheStreet.com

    Your browser is not supported. Please upgrade to one of the following browsers: Google Chrome Mozilla Firefox Apple Safari Microsoft Internet Explorer 9+ You may proceed to the site by clicking here , however some pages might not work correctly.

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  13. Nokia selling map biz to auto group for $3 billionRead the original story w/Photo

    22 hrs ago | USA Today

    Nokia selling map biz to auto group for $3 billion Auto consortium buying mapping service includes Audi, BMW, Daimler AG. Check out this story on USATODAY.com: http://usat.ly/1SBe2pu epa04703855 A file picture dated 14 October 2004 of the Nokia logo at the Nokia's head office at Espoo, Finland.

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  14. German Carmakers to Buy Nokia's HERE Maps for $3.1 BillionRead the original story

    23 hrs ago | The Washington Post

    ... network equipment. The sale price compares with the $8.1 billion that Nokia paid in 2008 for map provider Navteq Corp., one of the businesses that it combined to create HERE. The carmakers said HERE's management will be independent and that the ...

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  15. Nokia's HERE Maps Sold For $3.2 Billion To Audi, BMW and DaimlerRead the original story w/Photo

    Yesterday | Slashdot

    ... development and licensing." Reader jppiiroinen notes that Nokia originally acquired digital mapping provider Navteq in 2007 for $8.1 billion . Once it merged with Nokia, it became the foundation of Nokia's HERE unit. Outside of a dog, a book is ...

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  16. Audi, BMW and Daimler to buy Nokia Here maps for 2.8bnRead the original story w/Photo

    Yesterday | Computer Weekly

    Nokia's digital mapping and location services unit, Here , is to remain in European hands after a consortium made up of Audi AG, BMW Group and Mercedes-Benz parent Daimler AG announced it is to move forward with the acquisition of the business. The acquisition values Here - which was founded in the US as Navteq in the 1980s and bought by Nokia in 2007 - at a 2.8bn .

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  17. Nokia sells maps for R39bnRead the original story w/Photo

    Yesterday | Iol.co.za

    ... hold equal shares in Here. Here - a direct competitor to Google Maps - was bought by Nokia from the US tech company Navteq for $8.1 billion in 2008. Although much less well known to the general public than its rival, Here has a solid list of ...

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  18. Why 3 car giants just bought Nokia's mapping business for $3BRead the original story w/Photo

    Yesterday | VentureBeat

    ... Smart2Go available for free download on Nokia and Windows Mobile devices. Fast forward to 2007, when Nokia acquired NAVTEQ for $8 billion. NAVTEQ was a provider of digital map data for car navigation systems, mobile phones, and other platforms. It's ...

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  19. Nokia sells HERE unit to German carmakersRead the original story w/Photo

    Yesterday | The Cyprus Weekly

    ... maker. Nokia built its mapping and location business on the back of an $8.1 billion acquisition in 2008 of U.S.-based Navteq, a maker of geographic information systems used in the automotive industry. It was Nokia's largest deal ever, prior to the ...

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  20. UPDATE 1-Nokia sells HERE unit to German carmakers for 2.5 bln eurosRead the original story

    Yesterday | Reuters

    ... maker. Nokia built its mapping and location business on the back of an $8.1 billion acquisition in 2008 of U.S.-based Navteq, a maker of geographic information systems used in the automotive industry. It was Nokia's largest deal ever, prior to the ...

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