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Navteq launches traffic info in Middle East

Residents of the United Arab Emirates can now access traffic information from their GPS device or phone using Chicago-based NAVTEQ’s Traffic program. Get the full story »

Library of Congress taps Navteq for map data

The Library of Congress has picked Chicago-based digital mapping company Navteq to provide data that will underpin economic and demographic research.

Navteq, which is owned by Finnish company Nokia, said it will provide map data for the Congressional Cartography Program, which supplies geographic research and analysis for lawmakers. The Navteq data encompasses roads, cities, political boundaries, census boundaries, schools, law enforcement agencies and other types of locations. Get the full story »

Mapping firm Navteq opens R&D lab in Mumbai

Chicago-based digital mapping company Navteq has opened a new research and development center in Mumbai, India.

The Mumbai center will employ 150 people and is located near another Navteq facility in the same city. The company’s other R&D centers are in the U.S., Germany, the United Kingdom, Korea, Bosnia and Slovakia. Get the full story »

Navteq acquires 3-D urban modeling firm

Chicago-based digital mapping company Navteq said Wednesday it has acquired a California company that specializes in 3D urban modeling. Terms of the deal were not disclosed. Get the full story »

Navteq system drops ‘feet’ for landmarks

Digital mapping company Navteq has introduced a new navigation system that guides drivers based on the way people naturally give each other directions, with Chicago as one of the initial cities in the launch.

Its new system, called Natural Guidance, gives instructions based on points of interest and landmarks. For example, instead of traditional navigation systems that tell drivers to turn after a certain amount of distance, Natural Guidance instructs users to “turn right after the yellow shop.” Get the full story »

Daley panel to address needs of tech firms

Mayor Richard M. Daley said Tuesday that he has created a committee to study infrastructure needs for local technology companies and entrepreneurs.

The committee comprises 20 members, including top executives at local tech firms and representatives from area universities. The group also includes local venture capitalist Matt McCall of New World Ventures, Navteq Chief Executive Larry Kaplan, Kevin Willer of Google’s Chicago office, and Brad Keywell and Eric Lefkofsky, co-founders of Lightbank, a Chicago-based investment fund focusing on early-stage tech companies. Get the full story »