Navteq acquires traffic alert service Trapster

Nokia-owned (NYSE:NOK) navigation and location-based solutions provider Navteq has acquired crowdsourced traffic alert solutions developer Trapster. Financial details were not disclosed; a Navteq spokesperson told Reuters "It's a small deal, even by Navteq standards." The Trapster mobile application supplies motorists information on police speed traps and other roadway hazards; close to 9.5 million drivers use the service, submitting and information on current travel conditions in their immediate vicinity. Trapster is optimized for smartphone platforms including iOS, Android, BlackBerry, Windows Mobile and Symbian as well as GPS services like Garmin and TomTom; users have reported more than 3.5 million traps to date.

Last month, Navteq snapped up 3D technology firm PixelActive, which develops urban modeling software for video games, simulation, navigation and urban planning.

For more:
- read this Reuters article

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