NAVTEQ Company Description
So what if he won't pull over and ask for directions? NAVTEQ helps people in Europe, the Middle East, and North America 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, along with Web-based mapping sites. NAVTEQ also sells to government agencies. The database features such information as street names, turn restrictions, and the locations of hospitals, gas stations, and tourist destinations. In late 2007 the company was acquired by top mobile phone maker Nokia for about $8.1 billion.
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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.
