On Air Now

Upcoming Shows

Program Schedule »

Tune in to Listen

95.7 FM Sioux Falls, SD

Weather

Current Conditions(Sioux Falls,SD 57104)

More Weather »
64° Feels Like: 64°
Wind: SSW 6 mph Past 24 hrs - Precip: 0”
Current Radar for Zip

Tonight

Clear 46°

Tomorrow

Mostly Sunny 73°

Tues Night

Partly Cloudy 55°

Alerts

  • 0 Severe Weather Alerts
  • 0 Cancellations

Nokia to buy smart data firm for its map business

HELSINKI (Reuters) - Finland's Nokia on Thursday said it has agreed to buy small U.S. company Medio Systems for its navigation unit HERE.

The price of the deal, which is expected to close by end-July, was not disclosed. Seattle-based Medio has about 60 employees.

Nokia said Medio's smart data technology enables it to create digital maps that change according to the situation.

Nokia in April completed the sale of its once-dominant mobile phone business to Microsoft, leaving the group with its networks unit, navigation business and patent portfolio.

(Reporting By Jussi Rosendahl, editing by David Evans)

Comments