We’ve been talking about the US / European GIS / GPS companies, which have been hot and busy with major M&A deals: * Navteq : Bright Future if Managed Well * Place and Location Services Growth Fuels Navteq * Tom Tom + Tele Atlas: Perfect Match * Trimble’s Compelling Growth Strategy * Garmin Looks Great,
I had written earlier about Navteq (Navteq: Bright Future If Managed well and Place and Location Services Growth Fuels Navteq). Well, this morning, Nokia is announcing that they are acquiring Navteq for $8.1 Billion in cash. Navteq’s stock had risen steadily recently upon acquisition speculation. Since I last wrote about Navteq on August 2, the