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Nokia swoops for location specialist bit-side

Tim Green
Nokia swoops for location specialist bit-side

Nokia to beef up its Maps offering with purchase of German mobile mapping software firm.

The Berlin-based bit-side will accelerate the development of Nokia's location-based services, which got quite a boost last year when Nokia completed the purchase of Navteq for $8 billion. This one won't cost quite as much.

"Acquiring bit-side enables Nokia to offer consumers the world-leading mobile location applications, such as Maps, along with routing and navigation at an accelerated speed" said Michael Halbherr, VP and head of social location for Nokia.

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Tags: gps , maps , lbs , navigation , bit-side , Location , Nokia