Nokia Corp. says the service aimed at corporate clients will provide maps of some 200 countries, integrating its location platform with Oracle applications, maps and business data. It gave no financial details.
The Finland-based company said Monday that the service "will help businesses save time, money and resources while allowing them to gain a geographic perspective on their business."
Struggling against stiff competition from Apple Inc., Samsung and phones using Google's popular Android software, Nokia has increased emphasis on providing more location-based services for its users.
Nokia stock was up 1.3 percent at €2.03 ($2.61) in late afternoon trading in Helsinki.