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Article: Navteq has lock on navigation systems.(Business)
- Article from:
- Daily Herald (Arlington Heights, IL)
- Article date:
- August 23, 2005
CopyrightCOPYRIGHT 2005 Paddock Publications. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Brian P. Nanos Medill News Service
If your car came with an in-vehicle navigation system, one of those computers that can tell you where you are and where you need to go, then there's a good chance that you use Navteq Corp.' s data.
According to Navteq, every automobile manufacturer that currently offers a navigation system in North America or Europe uses Navteq maps in one or more of its models.
Chicago-based Navteq heads a very short list of companies that provide the electronic map data required for two types of products that are seeing rapid growth: vehicle navigation systems and handheld portable navigation systems.
According to a report by ...