 | Back in January 2009, as Vodafone was preparing to close a £20 million ($30 million) deal to buy Swedish mapmaker Wayfinder, it was seen as a bold move from a carrier intent on entering the apparently lucrative market for location based services. Read full story |
The demise of paid mobile mapping applications has begun. Just last year, European wireless carrier Vodafone shelled out $30 million to purchase Swedish startup Wayfinder, a turn-by-turn navigation platform. read more...
The first victim of the free navigation wars: Vodafone (NYSE: VOD) is shutting down Wayfinder, the Swedish mapmaker it purchased for $30 million in late 2008. read more...
Vodafone has shuttered Wayfinder - just 16 months after spending $30 million to acquire the Swedish navigational software firm. The move underscores just how drastically the mobile navigation market has changed in the last year thanks to the read more...
Vodafone back in January 2009 thought £20 million ($30 million) to buy Swedish mapmaker Wayfinder was a steal, fast forward to the companies closing this month and it shows just how quickly a tech company can fall prey to newer, better and free read more...
Vodafone is going to kill off its Wayfinder service due to competitive pressure from Nokia and Google. Here are some select quotes from Mobile Industry Review- “Due to the huge competitive pressure generated by the market entry of Nokia and read more...
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