From a手机 giant to a new rich in mobile Internet, Nokia kicks off the transformation curtain with 8.1 billion US dollars

by 9pvision on 2007-12-11 11:08:24

In order to become a mobile Internet enterprise as soon as possible, this time Nokia has spent a lot of money. On October 1st, Nokia announced that it would acquire Navteq, a US digital map supplier, for 8.1 billion US dollars. This is one of the largest acquisition deals in Nokia's history. Before that, stimulated by rumors of being acquired, Navteq's stock price was closed at 77.97 US dollars on September 28th in the New York Stock Exchange, with a market value of about 7.61 billion US dollars and a P/E ratio of about 54 times.