On Jul 15, 2010, at 1:03 PM, ext P Kishor wrote:

> Bit of old news...
> 
> "Nokia Divests MetaCarta Inc While Retaining Geographic Intelligence
> Technology for Local Search Services
> 10:33a ET July 12, 2010 (PR NewsWire)
> 
> Nokia (NYSE: NOK) announced today that it has divested MetaCarta Inc.
> to Qbase Holdings LLC, a privately held US based company. Nokia will
> retain MetaCarta's geographic intelligence technology, which it is
> incorporating in its local search and other services. MetaCarta serves
> primarily government as well as oil and gas customers. It was acquired
> by Nokia in April 2010."
> 
> That was quick.
> 
> And, from the other side...
> 
> "Qbase Holdings, LLC announces acquisition of MetaCarta Inc."
> <http://www.4qbase.com/nr_2010_07_08.htm>

"GPS Business News" apparently went far enough to get a bit more
detail:

http://webcache.googleusercontent.com/search?q=cache:tnE_D1Y5XpoJ:www.gpsbusinessnews.com/Nokia-Sells-Metacarta-s-B2B-Customers-Retains-Technology_a2357.html+nokia+press+release+metacarta&cd=2&hl=en&ct=clnk&gl=us&client=safari

"The very short Nokia press release did not explain the full story behind this 
divestment which clearly led to some misunderstandings (read for example the 
Associated Press news via Business Week). GPS Business News was fortunately 
able to talk to John Frank, founder and CTO of Metacarta. 

Basically Metacarta is cut in two pieces: in one hand all the engineering team 
is staying with Nokia and in the other hand the sales team will continue to 
handle their government, oil and gas customers as a subsidiary of Qbase, with 
technology licenses from Nokia. 

Don Zereski, former CEO at Metacarta is now leading the Ovi Search department 
at Nokia with engineering staff mainly in Cambridge, Massachusetts (where 
Metacarta was based) and Berlin (where Ovi Maps is based). John Frank is 
himself Principal Architect Ovi Search. Within Nokia Ovi Search is part of Ovi 
Experience, a division lead by Michael Halbherr, formerly responsible of Ovi 
Maps. "

Though they spelled "MetaCarta" wrong repeatedly ;)

-- Chris

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