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BERLIN, Oct. 1 Nokia, the world's greatest cellphone maker, stated today that it had consented to pay $8. 1 billion for Navteq, the maker of digital mapping and navigational software application based in Chicago, as it looks for to move satellite-based location services onto its range of phones. The purchase, which must be authorized by American regulators along with Navteq investors, will bolster Nokia, experts stated, in efforts to take on companies like Apple, whose i, Phone comes with navigational software application from Google.

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Its stock price rebounded, nevertheless, amid a broad rally in the market. " View Details  is Nokia's biggest acquisition ever," stated Mats Nystrom, an expert at SEB Enskilda Bank in Stockholm. "This is a very high evaluation for the U.S. company, so yes, this is a high price to pay. However navigation is a hot location and fits well with Nokia's method."Nokia said it was paying $78 a share for Navteq, which was down $1.

56 at midday. Nokia stated it would fund the acquisition through money and debt, and anticipated the sale to close in the first quarter. The company said the acquisition would not affect its share buyback and dividend plans, but expected the purchase to water down earnings in 2008 and 2009. Nokia's president and president, Olli-Pekka Kallasvuo, said that location-based services were a foundation of Nokia's Web services method, which becomes part of a total plan to broaden beyond the production of mobile phones into user services like images, video, music and games.

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Kallasvuo stated in a declaration. In October 2006, Nokia bought gate5, a little company based in Berlin that makes navigational software applications for mobile phones, for a concealed price. "By joining forces with Navteq, we will have the ability to bring context and geographical details to a variety of our Internet services," Mr.

Navteq geographical expert Rich Joyce used an electronic clipboard to identify websites in Chicago in July. Credit ... Charles Rex Arbogast/Associated Press, The president and primary executive of Navteq, Judson Green, stated the sale to Nokia, which has 900 million clients, would assist spread out using navigational software application to mobile phones.