Nokia inks licensing deal with Oracle for mapping services

The Wall Street Journal reports that Nokia has inked a deal with Oracle to license its mapping data. What it means is that Oracle will be using Nokia’s mapping data in its applications. This is definitely a win for the Finnish company which has so far failed to see much traction with its Lumia range of Windows Phone Smartphones.

Nokia’s $8 billion Navteq acquisition has started paying off with the company entering into licensing deals with Amazon, Microsoft, Yahoo, Groupon amongst others. Microsoft is betting big on Nokia’s map data for use in its smartphones and Oracle’s endorsement should make it a solid contender for enterprise usage.  Solid licensing deals should also help bolster value of its mapping division if Nokia ever needs to sell it off.

[Via – Wall Street Journal]

Author: Dhruv Bhutani

Your friendly neighborhood techie. Currently using a Pixel 2 XL. Catch him on Twitter (@DhruvBhutani) / Facebook .