NAVTEQ | July 25, 2011 | Press Release
Moscow – XX July 2011 – NAVTEQ, the leading global provider of maps, traffic and location data enabling navigation, location-based services and mobile advertising around the world, has signed an agreement with the Russian network radio station...
RCR Wireless News is set to visit Baltimore the week of July 18 as part of our Mobile Broadband Tour and Conference series. The RCR Wireless News Mobile Broadband Baltimore tour will include several days meeting with local telecommunication leaders and associations...
Nearly four years after Nokia Corp. (NOK) paid $8.1 billion to acquire Navteq Corp., the struggling Finnish company is repositioning the business under the arm of “location & commerce.” The new division, to be headed by EVP Michael Halbherr starting July 1, will integrate...
Audi of America Inc. has tapped T-Mobile USA Inc. to provide wireless connectivity for the Audi Connect system in the car maker's newest models. Beginning with the 2012 Audi A7 in April, the Audi Connect services will come to market a refreshed navigation system...
GPS mapping provider Navteq says it believes it has a lot to offer the world of gaming, and spent GDC trying to persuade developers their content would look a whole lot nicer if it included the firm's enhanced 3D city models for more realistic and compelling content.
Nokia Corp. (NOK), the world’s largest mobile device maker, said current CEO and President Olli-Pekka Kallasvuo will leave the company on Sept. 20 and be replaced by current Microsoft Corp. executive Stephen Elop."The time is right to accelerate the company's renewal; to bring in...
The downward trend for Nokia Corp. (NOK) continues. Few companies can sustain a nearly one-third drop in profit for long, but Nokia did just that in the recently closed second quarter, reporting a 31% drop in profit from last year.A single percentage point gain...
CTIA renamed its fall show in an effort to convey the growing use of mobile technology in the enterprise. The show is now called CTIA Enterprise & Applications. The show is scheduled to take place Oct. 6-8 in San Francisco.
Nokia Siemens Networks began production...
CTIA renamed its fall show in an effort to convey the growing use of mobile technology in the enterprise. The show is now called CTIA Enterprise & Applications. The show is scheduled to take place Oct. 6-8 in San Francisco.
Nokia Siemens Networks began production...
Nokia is offering people who buy its smartphones free access to its personal and car-based navigation platform in an effort to spur the development of location-based and social-networking applications on its devices and in its app store, as well as create the coveted “stickiness”...
The following list includes venture capital and other investments into wireless companies announced during the fourth quarter.
This list comprises the amounts that were invested into wireless companies, as well as the companies that led the investment.
RCR Wireless News collects venture-financing deals in the wireless...
All eyes are on Nokia Corp. for the handset maker's Capital Markets Day tomorrow in New York.With nearly 40% global market share, the Finnish giant's perspective is given substantial credibility, particularly in volatile economic times. And it comes on the heels of today's warning...
The following list includes venture capital and other investments into wireless companies announced during the third quarter.
This list comprises the amounts that were invested into wireless companies, as well as the companies that led the investment.
RCR Wireless News collects venture-financing deals in the wireless...
Nokia Corp.'s CEO, Olli-Pekka Kallasvuo, isn't counting out rival Motorola Inc. Although Nokia has benefited as much as any company from Motorola's stumbles in the cellphone business during the past two years, Kallasvuo didn't gloat Tuesday when he addressed the Executives' Club of Chicago....
SAN FRANCISCO -- During an offsite session at CTIA Wireless Entertainment and I.T. 2008, digital map data provider, Navteq Connections focused on plans for the future. Recently purchased by Nokia Corp., the company's executive VP, Jeff Mize, said Navteq will remain independent, as an...
The following list includes venture capital and other investments into wireless companies announced during the past week. The value of the investment is included when available.--Acuity: Navteq made an equity investment into Acuity Mobile Inc., a mobile location-based advertising delivery company based in Greenbelt,...
NAVTEQ subsidiary Traffic.com is teaming with mobile developer Skyward Mobile on a direct-to-consumer mobile traffic application.The companies launched Traffic.com2GO, a downloadable, J2ME-based offering that delivers real-time traffic updates, congestion information, travel times and construction news on the roadways of U.S. cities. The application, which...
AMSTERDAM, The Netherlands-Nokia Corp.'s strategy hasn't wavered much in the past few years and the message for 2008 is essentially more of the same. While at one end of the spectrum, the Finnish company is eyeing more feature-rich devices and applications that connect peoples'...
Shares of Garmin Ltd. surged after the manufacturer of personal navigation devices withdrew its $3.3 billion takeover bid for digital mapping company Tele Atlas NV.The move paves the way for TomTom, a Garmin rival that last week offered $4.25 billion for Tele Atlas...
Like former Yankee Alex Rodriguez, Tele Atlas N.V. plans to cash in on the free-agent market.The Netherlands-based digital mapping company in July accepted a bid of $2.8 billion from TomTom NV, agreeing to recommend the offer to shareholders. But Tele Atlas last week pounced...
Personal navigation device maker Garmin Ltd. said it will offer $3.3 billion for Tele Atlas N.V. in a move likely to spur a bidding war for the digital mapping company.Tele Atlas in July accepted a bid of $2.8 billion from TomTom NV, a Dutch...
Digital mapping companies such as Navteq Corp. and Tele Atlas N.V. "now occupy the most important position in the global GPS navigation supply chain," according to a new report from iSuppli Corp.The ever-increasing value of mapping intellectual property holders was underscored earlier this month...
Nokia Corp. stepped up its spending spree last week, agreeing to acquire digital mapping company Navteq in a blockbuster, $8.1 billion deal.The Finnish firm-which in the last year or so has out-shopped Paris Hilton-plans to spend $78 per share for Navteq, a 22-year-old, Chicago-based...
Welcome to our Friday feature, Week in Review. Every Friday, RCR Wireless News runs through the major events of the past week, outlining what happened and speculating on what to look for in the coming weeks, months and years. Check below for news about...
