Thread: Just saw it in CNE 2014.20

Originally Posted by catymag

...or Microsoft buys both

@ Caty - You have a crystal ball, don't you?
Microsoft yesterday announced that they are buying Mobile Phones Division of Nokia.
The price is about 7,2 billion USD.
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The rumors says that Elop will replace Ballmer.
The next step is NAVTEQ, don't you think?

Originally Posted by isg

@ Caty - You have a crystal ball, don't you?

It wasn't so hard to understand lol how it could finish
Now must see if MS will let Nokia renew the Navteq agreement with Garmin, actually MS has Navteq license but Here division has been kept by Nokia.
Garmin agreement with Navteq will last until 2015.
It seemed to me incredible Garmin did not have a strategic interest in acquiring a mapping company, instead of buying other stuffs.
Garmin had in the past several options. It could bid for Navteq, bid for TeleAtlas. But nothing.
I hope they worked with Nokia/Navteq to strengthen guarantees in existing contracts, another option was to look to be acquired by someone else! For example Microsoft.