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Google Off the Map?

10:30 AM -- In the wake of Nokia Corp. (NYSE: NOK)'s $8.1 billion offer for digital map provider Navteq Corp. (NYSE: NVT), and TomTom International BV 's bid to buy Tele Atlas NV , analysts are wondering how Google (Nasdaq: GOOG) and personal navigation device firm Garmin Ltd. might react. (See Nokia Nabs Navteq for $8B.)

Dresdner Kleinwort analyst Per Lindberg maps out the possibilities: Google could acquire Garmin; or it "may intensify its push into the mobile devices market."

Google phone, anyone? (See Google: Thinking Bigger Than Phones?, Google Phone: Out of India?, and Google Euro Boss Confirms Phone Rumor.)

— Michelle Donegan, European Map Reader, Unstrung

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