Nokia is acquiring gate5 of Germany, a leading supplier of mobile mapping software and services.
By acquiring gate5, Nokia will offer users maps, routing, navigation and other location-based applications on its mobile devices.
Anssi Vanjoki, Nokia executive vice-president and general manager for multimedia, said, “Maps and navigation are natural elements to be offered in mobile devices but this area hasn’t developed as fast as expected by the market.
“Acquiring gate5 enables Nokia to offer consumers world-leading mobile location applications, such as maps, routing and navigation at an accelerated speed.”
Nokia says the personal navigation device market is expected to reach 15 million units in 2006, compared with eight million units in 2005.
“By integrating the maps and navigation capabilities into our devices, Nokia will participate in this growth,” said Vanjoki.
Gate5 has already developed more than 5,000 city guides, travel guides or services.
Nokia said it would continue to support gate5's PND (personal navigation device) customers, and would also continue to support gate5's multi-platform strategy for mobile devices, including support for Symbian, Linux, Windows Mobile, Palm and Java platforms.
The acquisition, for an undisclosed sum, is expected to be completed before the year is out.