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HERE Technologies - Acquired Companies - Index.co - Truths


<h1 style="clear:both" id="content-section-0">Fascination About Cornering the Market on Navigable Maps? Nokia/NAVTEQ<br></h1>
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<p class="p__0">Overview [modify] Navteq's underlying map database is based upon first-hand observation of geographical functions rather than depending on main federal government maps. It supplies information used in a large range of applications, including automotive navigation systems for numerous automobile makers, representing around 85% of market share. [] The majority of customers use Navteq to offer traffic reports in significant cities throughout The United States and Canada.</p>
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<p class="p__1">Microsoft's air travel video game Flight Simulator X uses Navteq information to accomplish a high level of visual realism for automatic terrain generation. XM Satellite Radio and Sirius Satellite Radio usage Navteq data to reveal traffic details on navigation systems. Find Out More Here has actually also been utilized for GPS- and GSM-based sex wrongdoer tracking systems in North Carolina and Georgia.</p>
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<img class="featurable" style="max-height:300px;max-width:400px;" itemprop="image" src="https://images.fonearena.com/blog/wp-content/uploads/2012/10/Screen-Shot-2012-10-02-at-1.38.53-PM.png" alt="Nokia's Sat-Nav App Now Free For All WP 8.1 Handsets - TechTree.com"><span style="display:none" itemprop="caption">Nokia offers $8.1 billion for Navteq - Automotive News Europe</span>
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<img class="featurable" style="max-height:300px;max-width:400px;" itemprop="image" src="https://0701.static.prezi.com/preview/v2/vftigjg3xy2au3dei2q3ule6up6jc3sachvcdoaizecfr3dnitcq_3_0.png" alt="Nokia to give away satnav software - Nokia - The Guardian"><span style="display:none" itemprop="caption">Can Nokia pull itself back from the edge? - Digital Trends</span>
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<p class="p__2">Its primary rival was the Dutch business Tele, Atlas now owned by Tom, Tom. Map error handling [edit] Map errors are handled utilizing Navteq Map Reporter, which is explained as a "community-based online tool for recommending modifications to the Navteq map". The Navteq Map Press reporter's API makes it possible for producers of gadgets using Navteq maps to integrate in mistake reporting features into their products.</p>
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<h1 style="clear:both" id="content-section-1">Excitement About Nokia buys mapping service for US$8.1 billion - Computerworld<br><img width="479" src="https://i.ebayimg.com/images/g/VvMAAOSwB09YGLTw/s-l300.jpg"><br></h1>
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<p class="p__3">Karlin, initially from South Africa, informed interviewers that he began the business after being frustrated with a paper map of the San Francisco, California location. He thought 'Would not it be nice if I had someone sitting next to me in the car who understood the way?' Collins created a pilot navigation system in the San Francisco location.</p>
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<img class="featurable" style="max-height:300px;max-width:400px;" itemprop="image" src="https://cdn.ndtv.com/tech/images/gadgets/elop%20nokia-635.jpg" alt="Ville Aho - Looking back to 2007: Nokia acquires Navteq in order to protect its strategy"><span style="display:none" itemprop="caption">German Carmakers Buy Nokia's Here Mapping Unit for $3 Billion - The New York Times</span>
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<p class="p__4">They understood that the system not just needed to have accurate maps, however likewise detailed information on turn limitations, one-way streets and other local concerns. They were refused by most venture capital firms in their attempts to finance the database but the president of Budget plan Lease A Car recommended they ask T.</p>
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<p class="p__5">Shields supplied US$ 500,000 in seed cash. In 1985, Karlin &amp; Collins, Inc., based in Sunnyvale, California, started detailed mapping of the San Francisco Bay Area getting another US$ 2. 5 million from Prudential Bache. Karlin and Collins made usage of the recently created U.S. Census electronic map (TIGER files) which was matched with aerial photographs.</p>
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Homepage: https://www.quora.com/Nokia-Why-did-Nokia-acquire-Navteq-at-US-8-1-billion-when-Navteqs-revenue-was-US-853-million/answer/Jorge-Johnson-13?prompt_topic_bio=1