Trimble Posts Record Q2 with Strong Recurring Revenue, Boosts Full-Year Outlook

Trimble Posts Record Q2 with Strong Recurring Revenue, Boosts Full-Year Outlook Westminster, Colo.-based Trimble TRMB -2.74%↓ reported second-quarter revenue of $875.7 million—an 8 percent increase on an organic basis—and...


Xona Raises $250 Million, Launches Six Satellites for Commercial Navigation Network

Xona plans to use the new capital to scale satellite production, with a goal of building 50 spacecraft a year by the end of...

TomTom Revenue Falls as Automotive Sales Drop; Company Cuts 200 Jobs...

TomTom reported a 6% decline in third-quarter revenue and said it will cut approximately 200 jobs as part of a reorganization aimed at sharpening...

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Weekly Product News

Location Product News Send your news releases to kdennehy@driverlessreport.com. Go to www.locationbusinessnews.com for more news and an archive of stories. TrustPoint and Calian Validate Mass-Market C-Band...


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BMW to Roll Out Maps Feature Combining Navigation and Driver Assistance in 3D View

BMW Group will introduce BMW Maps with Driver Assistance starting in November, combining route guidance, vehicle surroundings and active driver-assistance information into a single...

Allstate’s Arity to Acquire Traffic Data Company INRIX

Arity, a mobility data subsidiary of Allstate ALL 0.00%↑, has agreed to acquire substantially all the assets of INRIX, a Bellevue, Washington-based provider of...

TomTom Revenue Falls as Automotive Sales Drop; Company Cuts 200 Jobs in Reorganization

TomTom reported a 6% decline in third-quarter revenue and said it will cut approximately 200 jobs as part of a reorganization aimed at sharpening...

Weekly Product News

Location Product News Send your news releases to kdennehy@driverlessreport.com. Go to www.locationbusinessnews.com for more news and an archive of stories. TrustPoint and Calian Validate Mass-Market C-Band...

Xona Raises $250 Million, Launches Six Satellites for Commercial Navigation Network

Xona plans to use the new capital to scale satellite production, with a goal of building 50 spacecraft a year by the end of...

NEW DEALS

BMW to Roll Out Maps Feature Combining Navigation and Driver Assistance...

BMW Group will introduce BMW Maps with Driver Assistance starting in November, combining route guidance, vehicle surroundings and active driver-assistance information into a single...

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