Friday, 13. October 2006
Nokia Acquires Supplier of Routing Software gate5
Nokia has acquired gate5 AG, a supplier of mapping, routing and navigation software and services. Nokia said the acquisition of gate5 is an important step in developing the new product category of multimedia computers that offer people multiple ways to connect to information, entertainment and other people.
In the end of September, Nokia introduced the Nokia N95 multimedia computer with integrated GPS and navigation functionality. The Nokia N95 maps and navigation application is based on the gate5 software platform.
"We see that location based experiences, such as search, mapping and navigation will be a fundamental platform for many applications in Nokia Nseries devices going forward." said Anssi Vanjoki, Executive Vice President and General Manager, Multimedia, Nokia.
Nokia also announced that with immediate effect it has established a sales unit for its Location Based Software and Services in Hong Kong, targeting its PND customers in the Asia-Pacific region.