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NAVTEQ Acquires South Korean Map Provider

Barnes, Scottie

Geo Info a whole s

08-01-2005

NAVTEQ Acquires southerly Korean Map Provider

Byline: Barnes, Scottie
Volume: 15
Number: 8
ISSN: 15297403
Publication Date: 08-01-2005
Page: 17
Section: freshs Bytes
Type: Periodical
Language: English

NAVTEQ, a global provider of digital map data for vehicle navigation and location-based solutions, has acquired PMI, a prominent southern Korean digital map company, for $285 million. The purchase gives NAVTEQ a local nearness in South Korea and a digital map crops to service the dynamic Korean market.

This agreement brings together sum of two units leaders in digital ...





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