Navteq, a Subsidiary of Nokia, has acquired a company named Trapster, which shares speed traps and other traffic data. Basically this is enabling community input for location data, hence the acquisition for enhancing Ovi maps.

A quote from Reuters :

(Reuters) – Nokia’s(NOK1V.HE) Navteq, the world’s top digital mapping company, has bought California-based speed trap sharing service Trapster to strengthen its location-linked content offering, it said on Monday.

Apparently Trapster currently has 9.4 million users, so thats a huge base for Navteq to work on, and of course, it will enable them to be ahead of the competition in some niches stuff like traffic flow and other data.

Via Reuters

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