So what if he won't pull over and ask for directions? NAVTEQ helps people in Europe, the Middle East, and North America get where they're going. Car and navigation system manufacturers incorporate the company's NAVTEQ digital mapping database into vehicle navigation and fleet management systems, along with Web-based mapping sites. NAVTEQ also sells to government agencies. The database features such information as street names, turn restrictions, and the locations of hospitals, gas stations, and tourist destinations. In late 2007 the company agreed to be acquired by Nokia for about $8.1 billion.
Sector: Technology
Industry: Computer Software & Services