Nokia to Pay $8.1 Billion for Navteq
Nokia's agreement to buy Chicago-based Navteq for $8.1 billion—the handset maker's biggest acquisition to date—shows just how determined the Finnish company is to dominate the evolving business of mobile search. In fact, Nokia (NOK) may even be betting that it can become the mobile equivalent of Google (GOOG), as customers increasingly use its Internet-enabled handsets to look for help getting from one place to another as well as for information about what's available along the way.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.
- NFL’s $205 Million Man Is Hated by Everyone But Those Who Matter
- Americans Are Retiring Later, Dying Sooner and Sicker In-Between
- Singapore Will Stop Increasing Car Numbers From February 2018
- U.S. Stocks Drop at Start of Big Week for Earnings: Markets Wrap
- Noble Group Warns of Loss Topping $1 Billion