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Thursday, April 20, 2006 |
11:45:04 PM
"It gets three-quarters of its revenues (which totaled $500 million last year) selling mapping databases to companies that make global-positioning system, or GPS, devices for automobiles. It's a rewarding business, enabling Navteq to maintain 27% operating margins and 20%-plus earnings growth. But Navteq also supplies data to the most popular online mapping sites, including AOL's Mapquest, MSN, Yahoo, and Google." - cnn.com - The boom is back
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© Copyright 2008 Kevin Malm.
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