Traffic.com

Traffic.com, also known as Navteq Traffic, Traffic Pulse and Mobility Technologies, was a provider of traffic information via a number of media, including the Internet, cell phones, radio, satellite radio and television, in the United States from 2000 to 2013.

Its main competitors in the information service and broadcast industries were Westwood One and Clear Channel Communications (the latter of which was a former client of Westwood).

The company was founded in 1998 as Argus Information Systems.

On November 6, 2006, Navteq announced it had agreed to purchase Traffic.com, officially closing the deal on Wednesday, March 7, 2007.[1]

Nokia acquired Navteq for $8.1 billion on July 10, 2008.

XM Satellite Radio was the main clients of Traffic Pulse, and its media partners included Accuweather and The Weather Channel. In addition, it had established partnerships with many of the transportation agencies in each state serviced.

The company was headquartered in Malvern, Pennsylvania, just outside Philadelphia until 2010 when it was moved to Nokia's headquarters in Chicago shortly after their acquisition of Navteq.

In 2012, Nokia announced that it would cut 10,000 jobs, which included the closing of their traffic gathering offices in many major cities across the United States.[2] After which, the company disseminated traffic information to end-users around the United States solely from their operations headquarters in Chicago.

In 2013, Nokia sold the Traffic.com URL address and adopted Here.com to pair with their new mapping division's identity, Here.[3] The website functions in the same fashion as Traffic.com did, providing traffic information over maps of major cities.

Impact in Chicago

Since Traffic.com was wholly owned by Chicago-based Navteq (now Nokia, a Finnish company), a showcase studio and operations on numerous radio and televisions stations are present. Among the major TV clients are WBBM, WMAQ, WLS, WGN and local cable news outlet CLTV.

Cities served

In 2008, Traffic.com served clients in the following United States metropolitan areas and their respective suburban regions:

References

  1. "GPS REVIEWS Archives".
  2. O'Brien, Kevin J. (14 June 2012). "Nokia to Cut 10,000 Jobs and Close 3 Facilities". The New York Times.
  3. "Home". here.com.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.