Some Known Details About Nokia to Buy Navteq for $8.1 Billion - CNBC

The company made $110 million on $582 million in sales last year and posted huge gains in both classifications in the first quarter. It reports second-quarter results Tuesday. A heavy dependence on the slowing auto market, which represented nearly all its sales in 2000 and still brings in about 60 percent, has actually sent its stock cost on a bumpy ride.

Volvo Navteq Update: 2021 Maps from HERE: Cheap Low Price DVD

A set of acquisitions for a combined $216 million in the past 9 months underscore that effort:, which produces live traffic reports for cities around the country, and Map Network, manufacturer of unique maps for travel destinations, major hotels and big occasions like the Super Bowl. In a promptly moving service, it's unclear if that will suffice to ward off Tele Atlas and any nascent rivals.

Mapperz - The Mapping News Blog: Navteq Maps (Beta)

"It's not simply a question of acquiring companies like Traffic. com ... The company requires to focus more on emerging markets." To map 12 million miles and 69 countries, Navteq has actually used an estimated 100,000 various sources, from satellite images and aerial photography to maps provided by local federal governments and industrial business.

Navteq // Vizrt

"I would state that 80 to 85 percent of the effort that we put into making a digital map is from that extremely labor-intensive driving that we do," he said. "We can not discover the quality, accuracy or richness of the details from all these other sources unless we go do it our way." The roadway teams catch 225 different attributes for every single link or block of roadway _ one-way indications, turn constraints, lane details, obstacles in the road and points of interest that may consist of a hardware store, park or hotel.

The 8-Second Trick For Navteq surges on sale of rival - Chicago Tribune

Teams ride in the specially outfitted SUVs and rely on advanced monitors displaying moving maps and icons while live video from the multi-camera system is shown on different screens. Amongst the current additions: 6 tiny high-resolution video cameras hidden under a glass dome on the roofing system. On  More Details , Joyce made sketch pen notations on the electronic clipboard while he and Mc, Neil enjoyed both sides of the street for inconsistencies or updates from the existing information.