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Some Known Facts About CEO Judson Green '74 Announces Sale of NAVTEQ to Nokia.


<h1 style="clear:both" id="content-section-0">The Best Strategy To Use For History of NAVTEQ Corporation - FundingUniverse<br></h1>
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<p class="p__0">Like luxury-class explorers, the geographic experts cruise streets and roads in a tech-laden SUV outfitted with a satellite tracking computer system, electronic clipboard and rooftop cams. "Our consumers are wanting more and more info," stated Mc, Neil, who has actually driven hundreds of countless miles in a years at Navteq. "We're expanding all the time." It's all part of a race with Dutch competitor Tele Atlas NV to not just chart the world more precisely however combine the maps with other pertinent data.</p>
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<p class="p__1">and other companies, and Web map websites like AOL's Mapquest, Google Inc.'s Google Maps and Yahoo Inc.'s Yahoo Maps. Navteq is the Rand Mc, Nally of the 21st century, according to Colorado-based map market expert Henry Poirot. And the rapid growth might be simply starting. Thanks to worldwide positioning systems and current technology improvements, Navteq is fine-tuning ways to let consumers use a phone or other handheld device to track their pets, find where to jog in another city, discover how lots of calories they will burn doing it, discover where the nearest 24-hour gasoline station are and see existing traffic and climate condition.</p>
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<img class="featurable" style="max-height:300px;max-width:400px;" itemprop="image" src="http://photos.prnewswire.com/prnfull/20060313/NAVTEQLOGO" alt="NAVTEQ promotional emails - Matt Hobbs"><span style="display:none" itemprop="caption">AZ NavTeq - Home - Facebook</span>
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<img class="featurable" style="max-height:300px;max-width:400px;" itemprop="image" src="https://i1.wp.com/techielobang.com/blog/wp-content/uploads/2011/03/navteq_panasonic_data_GPS.jpg" alt="Navteq As - Home - Facebook"><span style="display:none" itemprop="caption">Nokia Seizes Opportunity For Location Based Services - Techli</span>
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<p class="p__2">"There's a great deal of competition going on," stated Thilo Koslowski, an analyst for Gartner Inc. "Both companies are attempting to show that their information is much better, by being innovative in collecting more in-depth information." The mapping battle warmed up today with the announcement that Tele Atlas agreed to a $2.</p>
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<img width="422" src="http://2.bp.blogspot.com/_oYCy5HXaKpo/TJcgDQPjrwI/AAAAAAAAKEI/1qq_6QcIbro/s1600/map24_fehler4.jpg">
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<img class="featurable" style="max-height:300px;max-width:400px;" itemprop="image" src="https://m.media-amazon.com/images/I/31szN31GTtL._AC_.jpg" alt="NAVTEQ Review, GPS and GIS Electronic Navigable Maps - Article &amp; Review Writer"><span style="display:none" itemprop="caption">Navteq // Vizrt</span>
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<h1 style="clear:both" id="content-section-1">4 Simple Techniques For NAVTEQ Highlights The Bottom Line Benefits At IAA<br></h1>
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<p class="p__3">While that ought to make the combined European company a more powerful opponent, Navteq's stock also skyrocketed. Analysts said Tom, Tom's rivals such as Garmin might now go to the Chicago-based company for their maps instead of purchase from a rival. More Details to enhance its current share, which currently consists of many of the Web mapping market and a split of the portable device market with Tele Atlas.</p>
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<p class="p__4">The greatest hazard dealing with the two rivals in the future might be user-generated map content _ a mapping equivalent of You, Tube, as it were. Google also could be a competitor. The Web search leader is deep into research study, advancement and even acquisitions associated with its mapping services, which consist of Google Earth along with Google Maps.</p>
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