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Tuesday, May 20. 2008

Nokia Happy with TomTom Approval, but Deals Differ

LBS Geospatial Business
While Nokia's lead financial executive noted his approval with the EU's approval of the TomTom/Tele Atlas deal, outsiders note that the deals are rather different.

Nokia is looking for revenue from mobile sources and the Internet in contrast to TomTom which for now is a pure play navigation player, says Reuters. While that's true, there's no requirement that TomTom will stay a pure play. All indications seem to be that Nokia's deal will go through and be announced before the August 8 deadline.

- Reuters
Posted by Adena Schutzberg in LBS, Geospatial Business at 05:50 | Comments (0) | Trackbacks (0)

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Penn State University's Geospatial Education Portfolio includes online programs in geographic information systems and geospatial intelligence. Each program is designed to help give cutting-edge skills to working professionals and encourages interaction with highly-respected faculty. Start your application today!

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I guess I was unclear. My [...]


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