Mobile Navigation market poised for consolidation as Wayfinder acquires Navicore

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News:

Swedish mobile navigation services company Wayfinder announced that it has acquired Navicore - a Finnish based company also offering personal / mobile navigation services.

The combined company is capable of delivering navigation solutions across all the leading mobile devices software platforms (Symbian S60 / UIQ, Microsoft Windows Mobile, Nokia Linux Tablet (Maemo), RIM Blackberry and MIDP 2.0 Java which offers support for multiple mid tier handsets).

The new entity will have a combined user base of over one million customers with more than 200,000 paying users.

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