Nokia Divests MetaCarta Inc While Retaining Geographic Intelligence Technology for Local Search Services

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Jul 12, 2010, 10:33 ET

ESPOO, Finland, July 12, 2010 /PRNewswire-FirstCall/ -- Nokia (NYSE: NOK) announced today that it has divested MetaCarta Inc. to Qbase Holdings LLC, a privately held US based company. Nokia will retain MetaCarta's geographic intelligence technology, which it is incorporating in its local search and other services. MetaCarta serves primarily government as well as oil and gas customers. It was acquired by Nokia in April 2010.

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