Notes

What Does NAVTEQ and Magneti Marelli Premier a New “Automotive Mean?


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<img class="featurable" style="max-height:300px;max-width:400px;" itemprop="image" src="https://i.gr-assets.com/images/S/compressed.photo.goodreads.com/hostedimages/1592196412i/29649758._SX540_.jpg" alt="Nokia's sale of digital mapping unit Here, aka Navteq, could benefit Chicago tech - Crain's Chicago Business"><span style="display:none" itemprop="caption">Nokia acquires Navteq for $8.1 billion - MOBIZ</span>
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<h1 style="clear:both" id="content-section-0">NAVTEQ® Map To Power Mobile Devices' Telematics Fundamentals Explained<br></h1>
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<p class="p__0">Shields offered US$ 500,000 in seed cash. In 1985, Karlin &amp; Collins, Inc., based in Sunnyvale, California, began comprehensive mapping of the San Francisco Bay Location getting another US$ 2. 5 million from Prudential Bache. Karlin and Collins utilized the newly created U.S. Census electronic map (TIGER files) which was matched with aerial photos.</p>
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<p class="p__1">In lieu of using a GPS, they kept track of the area of the lorry using a dead numeration system that depend on a gyro compass. In 1987, they unveiled their first item, Chauffeur, Guide, which was a countertop kiosk installed at cars and truck rental firms and hotel lobbies and printed door-to-door driving instructions.</p>
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<p class="p__2">A total of 80 makers worth US$ 12,000 were installed around the San Francisco Bay Area and were a success. Shields invested another $3 million on condition he be called primary running officer. The business was relabelled Navigation Technologies Corporation. A competitive environment was quickly occurring with Etak being the most significant.</p>
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<h1 style="clear:both" id="content-section-1">Some Known Details About Navteq Road Classifications - POI Factory<br></h1>
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<p class="p__3">Navigation Technologies Corporation (Nav, Tech) [edit] In the 1990s, the business altered its organization design so that instead of building kiosks itself, it certified its maps to be used by other hardware makers. Philips Electronic devices acquired the company in the early 1990s and invested nearly US$ 600 million in constructing the database for a car-based mapping device.</p>
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<p class="p__4">Philips on a number of events attempted to take the company public however backed off each time up until finally going public in February 2004. This Is Noteworthy was noted on the New York Stock Exchange (NYSE) under the ticker symbol "NVT". The company render their name as 'NAVTEQ', in all capitals. Navteq is headquartered in Chicago, Illinois with more than 5,500 staff members around the world working in 202 workplaces in 53 countries, consisting of local headquarters in Veldhoven, Netherlands and Singapore.</p>
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<p class="p__5">In early 2007, Navteq got The Map Network, the biggest supplier of mapping to U.S. tourism and convention firms. Later that year, Navteq moved their head office from Chicago's Merchandise Mart complex to the Boeing Structure in Chicago. In September 2009, Navteq obtained Acuity Mobile, a mobile marketing innovation company. Nokia subsidiary [modify] On 1 October, 2007, it was announced that Nokia would get Navteq in a deal valued at an approximated US$ 8.</p>
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