Mobile manufacturer Nokia has purchased geographic intelligence group MetaCarta, in an attempt to improve the company’s location-based services.
The company, which employs about 30 people, is privately held and few details have been released regarding the sale. A short statement was released saying that “MetaCarta’s technology will be used in the area of local search in location and other services”.
MetaCarta produces software designed to take documents from a database and put them on a type of online map, such as Microsoft Virtual Earth or Google Maps.
The move comes as Nokia is attempting to put more emphasis on its location-based services. Its last acquisition of this nature was the move to buy Navteq in 2007.
COMMENTS
SmartCompany is committed to hosting lively discussions. Help us keep the conversation useful, interesting and welcoming. We aim to publish comments quickly in the interest of promoting robust conversation, but we’re a small team and we deploy filters to protect against legal risk. Occasionally your comment may be held up while it is being reviewed, but we’re working as fast as we can to keep the conversation rolling.
The SmartCompany comment section is members-only content. Please subscribe to leave a comment.
The SmartCompany comment section is members-only content. Please login to leave a comment.