Nokia’s President and Chief Executive Olli-Pekka Kallasvuo said “location-based services are one of the cornerstones of Nokia’s Internet services strategy. The acquisition of Navteq is another step toward Nokia becoming a leading player in this space.”
Kallasvuo added that by acquiring Navteq, Nokia “will be able to bring context and geographical information to a number of our Internet services with accelerated time to market.”
The way that items are classified on source sites may influence which categories that items from those sites are placed within on a site from a search engine which aggregates those items. They may also influence the creation of those target search engine categories.