Nokia Integrates NAVTEQ With New ‘Location & Commerce’ Business, Closes Accenture Outsourcing Deal

Nokia this morning announced that it is establishing a new 'Location & Commerce' business unit, which will be formed by integrating the NAVTEQ business with its social/location services operations. Effective July 1, 2011, Michael Halbherr will become executive vice president of the new unit and spearhead Nokia's self-described "revised mission in mobile and location-based services". Halbherr will be reporting directly to Stephen Elop , chief executive officer of the beleaguered mobile phone giant. In other news, Nokia and Accenture have finalized an agreement for the former to outsource Symbian software development and support activities to the latter.