CAESAREA, Israel—infiniDome Ltd., the world’s leading GPS Security Company, is pleased to announce closure of a pre-series A round of $2.4 Million that includes investments from Next Gear Ventures, the lead investor which led infiniDome’s earlier seed funding round, along with Honeywell Ventures that joined this round of funding, demonstrating their confidence in infiniDome and its proven GPS protection technology. The proceeds will help scale infiniDome’s customer engagements in the Commercial Aircraft, UAS/UAV, and UAM market segments. [Read more…]
V99 Completes Acquisition of Telenav
Telenav Stockholders Receive $4.80 Per Share in Cash [Read more…]
Swift Navigation Raises $50 Million Series C Round @Swiftnav
Swift Navigation Raises $50 Million Series C Round to Accelerate Consumer Adoption of Automotive Safety and Precise Navigation Applications Across the Globe [Read more…]
Placeiq Acquires Skyhook’s Geospatial Insights Business Line
NEW YORK, Feb. 1, 2021 — PlaceIQ Inc., the leading data and technology provider that powers critical business and marketing decisions with location data, analytics, and insights, today announced it has acquired the Geospatial Insights business line from Skyhook Wireless Inc., the worldwide independent leader in location technology. This strategic acquisition will further accelerate PlaceIQ’s growth as the leader in location intelligence. Financial terms for the acquisition were not disclosed. [Read more…]
Intel to Acquire 15 Percent Ownership of HERE
Companies to Collaborate on Technology for Autonomous Vehicles and IoT
CartoDB Acquires Nutiteq to Bring Location Intelligence to Mobile Devices
Nutiteq’s native-mobile technology will help expand CartoDB’s enterprise offering and deliver multi-platform SDK and innovative location intelligence applications [Read more…]
Lyft is Closing $1 Billion to Continue Rapid Growth
GM Invests $500 Million, Companies Will Develop Autonomous On-Demand Network
TomTom Telematics Acquires Fleetlogic, Leading Dutch Fleet Management Service Provider
AMSTERDAM– TomTom (TOM2) today announced its Telematics business has acquired Fleetlogic, one of the leading fleet management service providers in the Netherlands. [Read more…]
Lenovo Completes Acquisition of Motorola Mobility from Google
Lenovo (HKSE:992) (ADR:LNVGY) and Google (NASDAQ:GOOG) announced today that Lenovo’s acquisition of Motorola Mobility from Google is complete – Becomes World’s #3 Smartphone Maker; Prepares for Even More Growth [Read more…]
Apple to Acquire Beats Music & Beats Electronics
CUPERTINO, California—May 28, 2014—Apple® today announced it has agreed to acquire the critically acclaimed subscription streaming music service Beats Music, and Beats Electronics, which makes the popular Beats headphones, speakers and audio software. As part of the acquisition, Beats co-founders Jimmy Iovine and Dr. Dre will join Apple. Apple is acquiring the two companies for a total of $3 billion, consisting of a purchase price of approximately $2.6 billion and approximately $400 million that will vest over time. [Read more…]