What does this deal mean for HERE and other mapping companies?
After our deadline last week, Mercedes-Benz and Google GOOG -0.24%↓ announced a strategic partnership that allows the auto giant to create its own branded navigation, integrate Google Maps information and bring YouTube into luxury vehicles.
Initially, Mercedes-Benz will give customers...
Combines European product with Trimble’s North American carrier-focused platform
In one of the largest fleet management transactions this year, Trimble TRMB -0.91%↓ this week agreed to acquire Germany-based Transporeon for $1.98 billion. The deal, an all-cash transaction with Transporeon’s largest shareholder Hg, allows Trimble to have access...
Hexagon’s Autonomy & Positioning division and Munhwa Broadcasting Corporation (MBC) have agreed to bring the TerraStar-X Enterprise Correction Service to South Korea. The GNSS correction service provides convergence and lane-level accuracy in automotive, mobile and autonomous applications, the company said.
MBC, which offers real-time kinematic (RTK)...
Portland, Ore.-based PreAct Technologies has partnered with ESPROS Photonics, a Swiss company that makes time-of flight chips and 3D cameras, to develop flash Lidar technologies for automotive, trucking, industrial automation and robotics.
The collaboration combines PreAct’s flash Lidar and the versatile and time-of-flight...
MetAlert to Acquire TrakTec for $4.5 Million
MetAlert has agreed to acquire Florida-based TrakTec, a location awareness technology company, for $4.5 million in a cash and stock deal. TrakTec offers iGPS Watches and SafetyNet tracking systems that offer a range of enhanced monitoring services, the...
(Photo: Taoglas Execs Speak at Embedded World).
Are trade shows coming back after a two-year worldwide pandemic draught? One example of a comeback is the number of companies attending and launching products and services at this week’s Embedded World conference in...
NextBillion.ai and GeoJunxion have partnered to provide a mapping solution for routing deliveries in Low Emission Zone (LEZ) areas in Europe. The companies say that delivery companies pay hundreds of thousands of euros per year in penalties and fees for delivering goods in...
Autonomous vehicle companies have been getting hammered by the regulatory agencies lately, but May Mobility this week announced a $105 million Series D round. The round, led by Japanese telecommunications giant NTT Group, will advance the company’s AV growth in the United States, Canada...
EMCORE Corp. EMKR -5.58%↓ has acquired KVH Industries’ KVHI 2.30%↑ Fiber Optic Gyroscope and Inertial Navigation Systems business segment today for $55 million in cash.
EMCORE, which offers mixed-signal products for aerospace and defense communications, said the deal includes all of KVH’s FOG and INS intellectual property...
Companies Want Their Own Executives on Comtech's Board
The war of words between location company Comtech Telecommunications Corp. and investor Outerbridge Capital Management recently reached a boiling point with battling press releases accusing each other of false and misleading claims.
Outerbridge, which owns 4.9 percent of...
