Nokia Completes $8.1B Acquisition of NAVTEQ.

Nokia has completed its acquisition of NAVTEQ, a leading provider of digital map data, for approximately $8.1 billion. Under the terms of the merger agreement, NAVTEQ stockholders will receive $78.00 in cash for each share of common stock they owned prior to the effective time of the merger. NAVTEQ common stock will cease trading on the New York Stock Exchange effective July 10, 2008.

Nokia Corporation has finalized its acquisition of NAVTEQ, a prominent provider of digital map data, for approximately $8.1 billion. The deal was announced on May 20, 2025, with the merger agreement stipulating that NAVTEQ stockholders will receive $78.00 in cash for each share of common stock they owned prior to the effective date of the merger. NAVTEQ's common stock will cease trading on the New York Stock Exchange effective July 10, 2008 [1].

The acquisition aligns with Nokia's strategy to enhance its digital mapping capabilities and strengthen its position in the global market. NAVTEQ's extensive digital map data and advanced technologies will complement Nokia's existing offerings, providing a more comprehensive solution for service providers and enterprises. This move is expected to create new opportunities for monetization and scale, leveraging Nokia's high-performance networks [2].

Nokia's acquisition of NAVTEQ follows a series of strategic initiatives aimed at expanding its technology portfolio and innovation capabilities. The company's open architectures and seamless integration capabilities are key factors that attract service providers, enterprises, and partners worldwide [3].

References:
[1] https://quantisnow.com/insight/sec-form-6k-filed-by-nokia-corporation-sponsored-6049867
[2] https://quantisnow.com/insight/sec-form-6k-filed-by-nokia-corporation-sponsored-6049867
[3] https://quantisnow.com/insight/sec-form-6k-filed-by-nokia-corporation-sponsored-6049867