Nah.. NOKIA, after selling a few phones Vertu Ascent Ferrari (€18,000/piece) through the market, they collected some pocket money to make a small investment. :P A small investment that had as a target, the leader in harti digital navigation (GPS) of the world.
A little while ago, NOKIA announced the acquisition ENTERPRISE Navteq for the amount of … $8.1 billion$$$ ( ~ 5.7 billion EURO).
The investment strengthens NOKIA's leading position on the market mobile telephony and allows the development / expansion of services GPS Nokia Maps and web maps ( Navteq owns one of the largest websites of digital navigation maps – traffic.com).
These sMALL I go out to shopping only in october? :D If I remember correctly, a year ago around the same time Google announces the acquisition of the video site, YouTube.com for the amount of $1.65 billion. Uhm :-? .
Nokia and NAVTEQ today announced a definitive agreement for Nokia to acquire NAVTEQ.
