Hamey

  Barely 24 hours after Nokia announced the acquisition of Navteq, Tele Atlas shares have jumped.  Good news for them, not so good for TomTom who will have to lift their $2.5 billion bid they made in July to obtain the mapping company.  Tele Atlas is another Google Maps data provider along with Navteq so it will interesting to see if they start reaching for their chequebook too.

  Nokia announced today that they are acquiring mapping company Navteq for $8.1 billion, here is the 2-minute deal run down: About Navteq Founded 1985, has extensive digital map content and an associated data platform $582 million in revenue 2006 Provides for car navigation, mobile navigation and internet based mapping Provides significant data to Google (the other major vendor is Tele Atlas) More info The deal $8.1 billion ($78 cash per share) Price represents 34% premium on NAVTEQ ...

  It was inevitable.  It has taken a few months but serious anti-iPhone campaigns are starting to appear, this weekend Nokia has revealed theirs taking the form of billboards in New York and a website, with much more sure to follow.  I wouldn't say it is a particularly aggressive campaign, appearing to be almost a bolt-on to their existing marketing guff.  The billboard really sums up three things about ...