Nokia, Oracle to announce mapping deal
October 1 , 2012
Phone maker Nokia is due to announce a deal that will give Oracle customers access to its mapping services.
Finland's Nokia, which bought the world's largest digital mapping firm Navteq in 2008, has been on the lookout for ways to boost the business and recently signed mapping deals with both Groupon and Amazon.
Oracle is the world's third-biggest software firm.
In sharp contrast with Nokia's ailing phone business, sales at its location business grew last quarter. However, it still generates only 4 percent of group revenue.
Details of the deal will be unveiled later in the day in San Francisco at the OracleWorld conference.