updated 07:30 pm EDT, Sun September 30, 2012
Nokia could use deal as launching pad for enterprise
Nokia and Oracle have finalized a deal that will see the Finnish smartphone maker providing Oracle's clients with access to Nokia's map data and location services. The Wall Street Journal confirmed the deal with a Nokia representative on Sunday, and it is likely to be announced tomorrow at the OracleWorld conference in San Francisco. For Oracle, the deal represents an easy way to provide its clients with solid mapping data, while Nokia gains a foothold in the enterprise sector as well as a way to demonstrate its technologies to a range of potential customers who might not otherwise have seen them.
Oracle's client list consists largely of enterprises, and Nokia's executives view the deal as a step toward expanding brand awareness and capabilities of the company's mapping efforts. Mapping and location services have been a growing focus for the company since it acquired Navteq in 2008. Last year, the company merged its location services with its services business, calling the resulting division Location & Commerce. That division pulled in $1.2 billion for the company last year.