NAVTEQ Company Description
NAVTEQ helps people get where they're going. Car and navigation system manufacturers incorporate the company's NAVTEQ digital mapping database into vehicle navigation and fleet management systems. NAVTEQ also sells to government agencies, mobile phone makers, software developers, and delivery services. The database features such information as street names, turn restrictions, and the locations of hospitals, gas stations, and tourist destinations. It includes data for more than 70 countries on six continents. The company counts BMW, Garmin, MapQuest, and Trimble Navigation among its customers. NAVTEQ is a subsidiary of mobile phone maker Nokia.
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The Company Description provides a historical perspective of NAVTEQ's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of NAVTEQ's evolution in the marketplace.
