Oracle picks Nokia for mapping deal
Nokia is set to announce a deal with Oracle to give the software maker’s customers access to its mapping services, Nokia said today.
Nokia bought digital mapping firm Navteq in 2008, has been looking for ways to boost the business and recently signed mapping deals with Groupon Inc and Amazon.
“Nokia has been on a mission for the last 18 months to sign mapping and location deals with large internet players,” said analyst Martin Garner from British consultancy CCS Insight. “The deal with Oracle extends this and broadens the large enterprise market for Nokia’s location services.”
In stark contrast with Nokia’s troubled phone business, sales at Nokia’s location business grew last quarter, although it still generates only 4% of group revenue.
Details of the deal may be unveiled later today in San Francisco at the OracleWorld conference, the Wall Street Journal said.
The news comes days after Apple publicly apologised for errors in its maps, which have been used in iOS 6 instead of Google’s mapping service.
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