Cell Phone News

EU approves Nokia’s purchase of NAVTEQ

By Stefan Constantinescu on Wednesday, July 2nd, 2008 at 6:29 AM PST In Nokia

navteq1_wideweb__470×2960.jpg

Took a bit of time, but Nokia (NYSE: NOK)’s $8.1 billion acquisition of NAVTEQ is gold. The deal will close in 5 days, because here in Finland carrying that much cash with you is needed at all times in case a spontaneous midsummer party breaks out.

[Via: Nokia PR]

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2 Comments on “EU approves Nokia’s purchase of NAVTEQ”

  1. Micky says:

    Superb news!

  2. Topy says:

    Good for Nokia. Seems Google is going to work with Tele Atlas with it’s map soft.
    Nokia is really pushing this GPS to it’s phones(even to those cheaper ones).

    Bit off topic, but Nokia got some teaser page for N series phones or so it’s said in MR forums.
    http://www.openatownrisk.com/

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