Financial Times FT.com

Mighty minnows of local knowledge

By Maija Palmer

Published: November 21 2007 02:00 | Last updated: November 21 2007 02:00

Forget the usual dreary image of guides and telephone directories: local information, including maps, has suddenly become big business.

Some big global technology companies see the pro-vision of local, geographically based information as an important business trend: two personal nav-igation-dev-ice makers are battling to buy the Dutch digital mapping company Tele Atlas for nearly $3bn (£1.5bn); Nokia has just bought the US's Navteq for $8.1bn; maps have become a big part of Google's business strategy.

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