Re: Nokia buys Navteq



On Oct 3, 9:43 am, Peter <pmhir...@xxxxxxxxx> wrote:
On Oct 2, 2:16 pm, "M. MacDonald" <mmacdon...@xxxxxxxxxxx> wrote:





"Peter" wrote:
http://www.nytimes.com/2007/10/01/technology/01cnd-nokia.html

What will be the effect of this on Garmin, Magellean and other GPS
units that use Navteq maps? Hopefully not much, particularly the
update price for maps.

Who knows for sure, aside from their slipping stock prices?
But don't forget Google either. They, as well as many car makers, use
Navteq too.

Too bad Garmin didn't get a decent bid in as they have the best customer
service I've ever encountered for a large company. However, the U.S.
governments ability to kill the dollar's worth made it unfeasible (if not
impossible) for them to purchase Navteq against the Euro.

Nokia must be planning something big, like entering the GPS market in a
major way. They can just about put any GPS maker out of business if they
like.

Mack

I presume the current GPS makers have long term agreements with Navteq
for support and upgrades.

Peter- Hide quoted text -

- Show quoted text -

Only 2 months ago, TomTom bought TeleAtlas, for about one third of
this price:

http://www.twice.com/article/CA6462734.html

This sparked lots of speculation and chatter on the web. You could
search on the 2 principals' names for some of it, e.g.:

http://www.abiresearch.com/Blog/Telematics_Blog/395

One of the principals at NavTeq is Bob Denaro, who is VP for business
development. Hard to find that on NavTeq's own web site, which is a
bit cryptic. Denaro goes back to the early days of GPS. He has a
paper in the ION "Volume I Red Book" (the Summer 1978 special issue of
the ION Journal). He formed his own company, TAU, for a while, sold
part to Trimble, left Trimble to start a GPS business line at Motorola
(where he was also a VP), from there to Rand McNally in Chicago, and
more recently to NavTeq. He's been preaching for 10 years that the
future of GPS is in the peripherals and support, not in the position
solution itself.

GPS World, Vol.8, No.10, 1997

ITS/GPS Roundtable Says, "Show Us The Money!"
Moderator: J. Lappin
Participants: R. Denaro, M. Kushner, R. Pearlman, H. Spielberg, R.
Stevens, J. Ravier, S. Wollenberg, pp. 44-53

In this January 2006 article in Wired magazine, he suggests a more
nearly automated automobile, using GPS, maps, and more:

http://www.wired.com/wired/archive/14.01/stanley_pr.html

And an audio interview:

http://itc.conversationsnetwork.org/shows/detail802.html

.



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