Tag: Financial
TomTom Reports Encouraging Q1, Highlights Enterprise Growth and Automotive Software Focus
TomTom kicked off 2025 with a modest revenue increase and notable progress across its Automotive and Enterprise segments, the company reported this week. CEO Harold Goddijn emphasized the momentum behind...
Kodiak to Go Public Through $2.5 Billion Merger with SPAC
Autonomous truck developer Kodiak Robotics announced this week that it will go public via a merger with Ares Acquisition Corporation II AACT 0.09%↑, a special purpose acquisition company...
Fleetio Acquires Auto Integrate to Grow to a $1.5 Billion Company
In an acquisition that grows its business to a behemoth worth more than $1.5 billion, fleet management company Fleetio has acquired Auto Integrate. In addition, Fleetio...
DroneDeploy and Geodnet Foundation Partner
Geodnet has been an unconventional industry company since its inception and that hasn’t changed with an $8 million funding round of GEOD tokens by...
Weekly Product News
Hexagon | NovAtel Launches GAJT-310
Hexagon | NovAtel has rolled out its newest product in the GNSS Anti-Jam Technology (GAJT) with the launch of the GAJT-310. The...
Waymo Finalizes $5.6 Billion in Investments, Gave 100,000 Paid Rides
Despite legions of naysayers in the media, there is strong financial interest in autonomous vehicles as Waymo closed $5.6 billion in an investment round late last...
TomTom Lowers Sales Expectations
Weighed down by decreasing revenue in both automotive and consumer markets, TomTom said its annual sales expectations will be in the lower range of its...
Telematics Company CalAmp Declares Bankruptcy, Goes Private
Telematics company CalAmp has filed Chapter 11 bankruptcy as part of a debt-cutting deal that places control of the company with lender Lynrock Lake Master Fund LP.
The...
Xona Space Systems Closes $19 Million Round To Build GPS Alternative
New funding round accelerates development of a LEO alternative to GPS
Accelerating the deployment of a low Earth orbit (LEO) alternative to GPS, Xona Space Systems this...
Trimble Reports First Quarter Results
In its first quarter reporting, Trimble TRMB 0.93%↑ said it had revenue of $953.3 million—which is up on a year-over-year basis. However, the company said the numbers...
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