Nokia announced today that it has completed its acquisition of NAVTEQ, a leading provider of comprehensive digital map information.

Nokia announced that it has received unconditional approval from the European Commission for its planned acquisition of NAVTEQ. Nokia has now received all approvals for the purchase, and expects to close the deal within the next 5 business days.

Nokia announced today that the European Commission has initiated a Phase II review of the pending acquisition of NAVTEQ. This is part of the Commission's review process, and does not in any way signal the ultimate outcome.

CEO of Jentro Technologies comments on the impact of the Nokia/Navteq deal.