Nokia Buys Software Maker for $8.1 Billion  —  Nokia, the world’s biggest cellphone maker, said today that it had agreed to pay $8.1 billion for Navteq, the maker of digital mapping and navigational software based in Chicago, as it seeks to migrate satellite-based location services onto its range of phones.

Source:   New York Times

Author:   Kevin J. O’Brien

Link:   http://www.nytimes.com/2007/10/01/technology/01cnd…