NAVTEQ Corporation engages in creating, updating, enhancing, licensing, and distributing digital map database in North America and Europe. It provides digital map information and other location-based content, including real-time traffic information, for automotive navigation systems, mobile navigation devices, and Internet-based mapping applications. The company’s map database enables providers of these products and services to offer dynamic navigation, route planning, location-based services, and other geographic information-based products and services to consumer and commercial users. Its products and services are provided to end users on various platforms, including self-contained hardware and software systems installed in vehicles; personal computing devices, such as personal navigation devices and mobile phones; server-based systems, including Internet and wireless services; and paper media. NAVTEQ’s customers include automobile manufacturers and dealers, navigation systems manufacturers, software developers, Internet portals, parcel and overnight delivery services companies, and governmental and quasi-governmental entities. The company was founded in 1985 as Karlin & Collins, Inc. and changed its name to Navigation Technologies Corporation in 1987. Later, it changed its name to NAVTEQ Corporation in 2004. NAVTEQ is headquartered in Chicago, Illinois.