We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

   Technology StocksNVT - Source of GPS Software, Data, and Maps

Previous 10 Next 10 
From: JakeStraw8/21/2007 2:08:57 PM
   of 211
NAVTEQ Announces Digital Terrain Model and Satellite Imagery
Tuesday August 21, 1:13 pm ET

Additional Visual Content Enriches Map Display

CHICAGO, Aug. 21 /PRNewswire-FirstCall/ -- NAVTEQ (NYSE: NVT), a leading global provider of digital map data for location-based solutions and vehicle navigation, has announced the launch of Digital Terrain Model and Satellite Imagery which enable richer, more realistic map display in location-based and navigation applications. These are in addition to NAVTEQ's 2D Landmark Footprints, Enhanced 2D Footprints, 3D City Models and 3D Landmark products.

Digital Terrain Model provides three dimensional elevation data that reflects the relative height of the earth's surface. This is further enhanced with texture and colors to help users better understand where they are in relation to surrounding natural landmarks.

Share RecommendKeepReplyMark as Last Read

From: JakeStraw8/28/2007 9:31:25 AM
   of 211
Idaho Power Company Licenses NAVTEQ Data for GIS Applications
Tuesday August 28, 9:00 am ET

License Agreement through ADCi Allows for 600 Internal Desktop and Mobile Users

CHICAGO, Aug. 28 /PRNewswire-FirstCall/ -- NAVTEQ (NYSE: NVT), a leading global provider of digital map data for location-based solutions and vehicle navigation, has been selected by Idaho Power Company, Boise, Idaho, to serve as the primary transportation layer for use in its desktop and mobile GIS applications. NAVTEQ® map data was licensed through American Digital Cartography, Inc. (ADCi), Appleton, Wisconsin. NAVTEQ data can support the utility's GIS applications by providing background reference for outage management and the design of electrical facilities, routing service personnel, drive time determination, and other network analyses.

Share RecommendKeepReplyMark as Last Read

From: tech1019/3/2007 9:07:07 PM
   of 211
I and my family just had a 12-day trip to UK from Aug. 9 - 21.

I had to buy a newest Tomtom Go 720 (GPB329 from the store of Wolrd PC in Newport near Cardiff) with UK and west European maps by Tele Atlas because the power supply of my Averatec notebook was broken so I could not use the Microsoft/NavTeq AutoRoute European map with a Holix Slim236 GPS receiver.

The Go 720 first brought us to a barely drivable road where no one travels on the west shore near High Wray when we specified Lake Windermere as destination; Then it brought us to a cemetery when we tried to find a hotel in Falkirk near Edinburgh where there was summer festival so most hotels were full.

Further, the Tomtom Go 720 with Tele Atlas maps does not show any information when we try to find the location of York Mister - the largest Gothic Church north of Alps in the entire Europe in York with its POIs. It also failed to provide any information about the famous Howard Castle near York, England in its POI list.

Finally, it guided us to the back of the Sheraton Skyline Hotel in the Heathrow Airport in London, which is unaccessible to the hotel.

Any one can verify my statement if he/she has a Tomtom.

If someone has a Garmin with Navteq map could make a comparison. However, Microsoft AutoRoute (European's version of Street and Trip) provides all information correctly.

This shows how poor of the Tele Atlas quality is and now I am much more confident in Navteq.

Share RecommendKeepReplyMark as Last Read

From: JakeStraw9/4/2007 9:10:23 AM
   of 211
NAVTEQ Selected by Microsoft to Provide Navigable Map Data for Mexico
Tuesday September 4, 9:00 am ET

Complete NAVTEQ North American Map Database Available in Microsoft Server Products

CHICAGO, Sept. 4 /PRNewswire-FirstCall/ -- NAVTEQ (NYSE: NVT), a leading global provider of digital map data for vehicle navigation and location-based solutions, today announced that Microsoft Corporation, a worldwide leader in software and solutions, has chosen NAVTEQ® map data for Mexico to power its server products. NAVTEQ's newly integrated digital maps of Mexico will complete the NAVTEQ North America map database currently available on Microsoft's proprietary location-enabled applications. Microsoft already relies on NAVTEQ's comprehensive map data of the United States, Puerto Rico and Canada, as well as Western Europe and Asia.

Share RecommendKeepReplyMark as Last Read

From: JakeStraw9/5/2007 11:33:10 AM
   of 211
NAVTEQ Traffic RDS(TM) Announced as a Standard Lifetime Service in all 2008 Mercedes-Benz S-Class and CL-Class Vehicles
Wednesday September 5, 11:03 am ET

CHICAGO, Sept. 5 /PRNewswire-FirstCall/ -- NAVTEQ Corporation (NYSE: NVT), a leading global provider of digital maps for vehicle navigation and location-based solutions, today announced with Mercedes-Benz USA (MBUSA) that NAVTEQ Traffic RDS (Radio Data System) is now available as a standard, lifetime traffic service in all 2008 Mercedes-Benz S-Class and CL-Class automobiles. This marks the first lifetime traffic service offering by an automotive manufacturer delivered via NAVTEQ Traffic RDS, and included as a standard feature with navigation. The 2008 Mercedes-Benz S-Class and CL-Class are now available for sale at U.S. dealers.

Share RecommendKeepReplyMark as Last Read

From: JakeStraw9/10/2007 9:35:58 AM
   of 211
DC: Portable Navigation Market to Soar
Monday September 10, 9:09 am ET

IDC Says Portable Navigation Device Market Will Nearly Double in This Year

FRAMINGHAM, Mass. (AP) -- The portable navigation device market will nearly double in 2007 as prices drop, technology improves and public interest grows, said market research company IDC on Monday.

Portable navigation devices are the most popular segment of the consumer navigation market. They represent 62 percent of the worldwide market and have grown 93 percent over last year, IDC said.

IDC expects the entire consumer navigation market to grow by 53 percent worldwide in 2007, with Western Europe by far the largest regional market, followed by the U.S.

IDC also sees growing demand for portable navigation devices in Asia, and predicts the 2008 Olympic Games in Beijing will spark their popularity in China.

Share RecommendKeepReplyMark as Last Read

From: JakeStraw9/24/2007 9:46:01 AM
   of 211
NAVTEQ(R) Map Data Selected by Innovative Systems, Inc. Improves Address Processing in GIS Applications
Monday September 24, 9:00 am ET

Enhanced geographical data provides cost-effective solution across mainframe and open systems platforms

CHICAGO, Sept. 24 /PRNewswire-FirstCall/ -- NAVTEQ, a leading global provider of digital map data for vehicle navigation and location-based solutions (LBS), has been selected by Innovative Systems, Inc. (ISI) as the primary map data provider for the i/Lytics GLOBAL(TM) address data quality and geocoding software solution. The combined offering will enrich and extend ISI's existing street-level "rooftop" geocoder, i/Lytics GLOBAL GEO, for improved marketing, customer service, tax jurisdiction assignment and compliance with regulations such as the Community Reinvestment and Home Mortgage Disclosure Acts.

Share RecommendKeepReplyMark as Last Read

From: JakeStraw9/25/2007 9:05:43 AM
   of 211
NAVTEQ(R) Map Data Licensed by DM Solutions Group for Use on Platforms
Tuesday September 25, 9:00 am ET

Developers Can Now Integrate High-Quality NAVTEQ Map Data Easily and Efficiently

VICTORIA, British Columbia, Sept. 25 /PRNewswire-FirstCall/ -- NAVTEQ (NYSE: NVT), a leading global provider of digital map data for location-based solutions and vehicle navigation, announced today from the 2007 Free and Open Source Software for Geospatial (FOSS4G) conference in Victoria, BC, Canada, that it is licensing its map data in a format that is optimized for use with MapServer and MapGuide Open Source through DM Solutions Group (DMSG). DMSG converted NAVTEQ data for use on both platforms, resulting in the first off-the-shelf NAVTEQ solution for these technologies. DMSG is a leading provider of solutions and services to users of both MapServer and MapGuide Open Source, the community this new offering is geared towards.

Share RecommendKeepReplyMark as Last Read

From: JakeStraw9/25/2007 3:46:43 PM
   of 211
Navteq Doesn't Need Directions

Share RecommendKeepReplyMark as Last ReadRead Replies (1)

To: JakeStraw who wrote (184)10/1/2007 3:52:56 AM
From: tech101
   of 211
Nokia in Talks to Acquire Navteq

Interest in a Deal Reflects Move Into Mobile Services As Threat to Handsets Rises


October 1, 2007; WSJ
Finnish mobile-phone giant Nokia Corp. last night was deep in discussions to purchase navigation-software maker Navteq Corp., people familiar with the matter said, marking what would be one of its largest-ever corporate acquisitions.

With a $7.61 billion market capitalization, Chicago-based Navteq is one of the world's leaders in electronic mapping, which enables in-vehicle navigation devices and a new generation of mobile-phone applications used for shopping, emergency services and advertising.

The two sides have been in deep discussions over the past few weeks, said the people familiar with the matter. It was still possible those discussions could crumble over a series of last-minute issues. A Navteq spokesman didn't return a request for comment. Nokia representatives were unavailable for comment.

Navteq's stock price, up 75 cents to $77.97 Friday in 4 p.m. New York Stock Exchange composite trading, has more than doubled this year.

Nokia's interest in Navteq represents a vigorous move into the mobile-services arena, where Nokia has already been building a suite of products around games and music. These types of services have been in development for years by mobile-phone makers like Nokia, as well as by telecom service providers. Around the telecommunications world, there is a growing sense that these services are finally ready for wide-scale consumer adoption.

Nokia CEO Olli-Pekka Kallasvuo has been aggressively steering the Finnish giant, which has a market capitalization of $149 billion, into a software and services company. Last year he separated the company's infrastructure business, placing it into a joint venture with Germany's Siemens AG.

Yet Nokia still receives the vast majority of its revenue and profit from selling handsets. The company sells more than one out of every three handsets around the globe. Asian companies have made this business extremely competitive, with their own lines of cheaper mobile handsets. For Nokia, the move into services is designed to persuade customers to pick the Nokia brand amid so many other choices.

Nokia shares have climbed nearly 90% this year; on Friday, the company's American depositary receipts were at $37.93 in 4 p.m. Big Board trading. Mr. Kallasvuo has been making a series of small acquisitions over that time, focused around music and gaming. But no deal has carried the price tag of a Navteq, which trades at about 54 times its current earnings. It reported net income for the fiscal second quarter ended July 1 of $40.9 million on revenue of $202.3 million.

Navteq was founded in 1985, built around the premise of building turn-by-turn navigation directions through digitized maps. Since then, it has created digital maps in 69 countries across six continents.

The company's products are used inside a number of automobiles, including models from Chrysler LLC, Ford Motor Co., Mercedes-Benz and Volkswagen AG's VW brand. It also makes after-market devices for cars and separate portable devices.

Nokia and Navteq already have a business relationship, where Navteq provides information for Nokia's mobile phones.

Share RecommendKeepReplyMark as Last Read
Previous 10 Next 10