Nokia finds way to bring Navteq into fold

Handset vendor Nokia’s monster $8.1bn acquisition of mapping firm Navteq is back on track after the European Commission gave the deal the go ahead on Wednesday. The Finnish firm said it expects to close the purchase, it’s largest to date, within the next five business days. In March, the EC has extended its review of […]

Nokia plots services route with Navteq buy

Finnish handset vendor Nokia continued its march into the services arena on Monday, through the acquisition of US mapping and location based services (LBS) firm Navteq. It is beleived that “deep discussions” have been ongoing for some weeks and Nokia just confirmed that it will pay $8.1bn for the firm, making it Nokia’s largest acquisition to […]