u-blox, a positioning and wireless semiconductors, announces the acquisition of UK-based Cognovo Ltd., a company specializing in software defined modem (SDM) chip development technology. The acquisition extends u-blox’ chip design capabilities to create differentiated products for strategic markets that require 4G communications combined with global positioning.
Hexagon AB announced it has acquired all shares in the Norwegian company My Virtual Reality Software AS (myVR).
Telogis, Inc. announces the acquisition of the assets of Maptuit, a leading provider of connected navigation for commercial fleets. This acquisition — the company’s fifth in three years — expands Telogis’ services as the market increases adoption of location-based Software-as-a-Service (SaaS) solutions.
Google is at it again. This time Motorola Mobility is on the buying block. What does this mean to the location-based services market? Another potential location platform market closed off? Some industry experts believe this is the case. In addition, Iridium and TeleNav are making LBS news with recent product launches and acquisitions.
England’s CSR plc and U.S.-based SiRF Technology Holdings Inc. have completed their merger, ending years of speculation over what may become of SiRF, a pioneering maker of GPS receivers that had become financially troubled during the current economic downturn.
CSR plc of Cambridge, UK, and SiRF Technology Holdings Inc., of San Jose, Califonia, on June 26 completed the merger between SiRF and a wholly owned subsidiary of CSR. The merger resulted in “creating a provider of connectivity and location platforms and a company with the scale, technology, and strategy to enable its customers to address the exciting and emerging opportunities in mobile markets,” according to a company statement.
SiRF Technology Holdings, Inc., based in San Jose, California, and CSR plc, formerly Cambridge Silicon Radio, headquartered in of the UK will merge in a stock-for-stock transaction to create a new company, which will automatically assume a leading position in global connectivity and location markets. The companies expect the transaction to close in the second quarter of 2009.
Following the announcement that Tele Atlas was making management changes in light of the pending merger, TomTom says that it has completed the merger of digital map supplier Tele Atlas.
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