Navteq Corp. said Wednesday it has completed its previously announced acquisition of Traffic.com Inc. for roughly $177 million. Navteq of Chicago provides digital-mapping information for automobile navigation systems and other applications. Traffic.com collects, processes and supplies real-time digital traffic information. It’s based in Wayne, Pa. Navteq plans to keep Traffic.com in Wayne.
Navteq provides data to many of the online mapping services.
We’ve posted about Traffic.com’s many free, near real-time, services several times on ResourceShelf. Here are two of those posts.
+ Traffic.com Increases Number of Metros Served
+ Traffic.com Now Offers Mobile Access
Traffic.com Features Include:
+ Real Time Maps
+ Real Time personalized traffic RSS feeds (create a feed for a specific route)
+ Alerts (E-mail, SMS, phone (you get a call))
+ The Traffic Line:1-866 MY-TRAFC
Tell us your city and your road and we’ll tell you what the traffic is like. Simple. Then, next time you’re heading across town for a hot date or important appointment you can figure out which road will get you there on time and which one has an over-turned tractor trailer (OTTT).
Source: Philadelphia Business Journal
Thanks to Pete Weiss for the news tip.
This entry was posted
on Saturday, March 10th, 2007 and is filed under Information Industry, Real-Time Information, Search News.
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