Trapster purchased by Nokia's Navteq
Navteq is the globe's top provider of digital maps and is owned by Finnish handset manufacturer Nokia. While the price of the acquisition was not disclosed, a Navteq spokeswoman said that it was a "small deal, even by Navteq standards." The same spokeswoman explained the rationale for the purchase by saying, ""Navteq believes that community-generated data has a critical part to play in location content."
source: Reuters, YouTube