Monday 1 October 2012

Nokia, Oracle to announce mapping deal

HELSINKI (Reuters) - Phone maker Nokia Oyj will announce on Monday an offer which will give Oracle Corp's clients use of its mapping services, Nokia stated on Monday.

Finland's Nokia, which bought the earth's biggest digital mapping firm Navteq in 2008, continues to be searching for methods to raise the business and lately signed mapping handles Groupon Corporation and Amazon . com.com Corporation.

Oracle may be the world's third-greatest software firm but additionally sells hardware to corporate clients as well as in 2009 bought Sun Microsystems, the maker of server computer systems and developer of Java and Solaris software.

"Nokia continues to be on the mission during the last 18 several weeks to sign mapping and placement handles large internet gamers. The offer with Oracle stretches this and increases the big enterprise marketplace for Nokia's location services," stated analyst Martin Garner from British working as a consultant CCS Insight.

In stark contrast with Nokia's troubled phone business, sales at Nokia's location business increased last quarter, even though it still creates only 4 % of group revenue.

Particulars from the deal might be revealed afterwards Monday in Bay Area in the OracleWorld conference, the Wall Street Journal stated.

A week ago Apple openly apologizedafter customer complaints about errors in the maps that have been placed on its latest phone operating-system rather than Google Inc's mapping service.

(Confirming by Tarmo Virki in Helsinki and Olivia Oran in New You are able to Editing by Dale Hudson and Greg Mahlich)



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