Mobile Navigation Company Wayfinder Buys Navicore

By James Quintana Pearce - Tue 03 Jul 2007 02:26 AM PST

Sweden-based Wayfinder has announced that it has bought Finland-based Navicore, although the financial terms of the deal were not announced. The two navigation companies will cover all major mobile platforms and have a combined user base of more than 1 million users, with more than 200,000 paying customers.

Navicore provides navigation products for smart phones and Nokia Internet tablets. Wayfinder offers map, direction and GPS navigation services accessible by mobile phones, and clients include Telenor, 3, Cingular, Vodafone, SFR, Pannon, Telefonica and Mobilkom Austria.