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Nokia’s New Asset
Posted By: John F. Andrews
Oct 01, 2007
As I prepare to attend Navteq’s European Developers Conference later this week, I am following Nokia’s acquisition of Navteq with great interest. Both Nokia and Navteq are “super” companies and, I am proud to say, great clients of ours. Nokia switched from a “voice calling” mobility strategy to an “internet/services” mobility strategy long ago; Navteq offers another major lever for this strategy. This pairing of two companies, who are each number one in their respective categories - if the deal goes through - will present Nokia’s competitors with another formidable challenge, as if Nokia wasn’t formidable enough already. It will be interesting to see how this will impact further changes in the mobility landscape. I’ll post what I hear from Europe later this week.
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