Nokia Agrees to Acquire Navteq
why?
why would nokia do this when everyone seems happy with google maps... or even telenav. you would think it would be a better decision to build the GPS into the phone and leave it up to the consumer to find the mapping system that works for that individual
Ummm...Navteq is what telenav uses and is also the major provider for most GPS user interface systems around..if you don't believe me, next time you use telenav, look at the bottom of the screen when you first start...it's powered by navteq.
I think Google also currently gets their map data from Navteq. It should be interesting to see how this one plays out. I am sure they want to make back some of the $8 Billion.
