Nokia announced on Monday an exclusive licensing agreement with global positioning system technology developer Trimble, in a move to add navigation and location features to Nokia mobile phones.
Trimble navigation technology is used to help consumers get to designated locations by letting them know which turns to make, and where they are currently located.
We are very pleased to be working with Nokia to incorporate our intellectual property into the most common consumer electronic device - the mobile phone, said Steven W. Berglund, president and CEO of Trimble.
Trimble, through the agreement, will receive a nonexclusive license to access Nokia's location-based patents and use them in its own products and services.
Financial terms of the deal were not disclosed.