TeleNav Goes Public and Shares Climb 25%

TeleNav went public yesterday with shares going public at about $8 and climbing to about $10 by day's end. The maker of the Shotgun connected GPS, and various other mobile phone programs, like the AT&T Navigator for the iPhone is looking to expand its capabilities and its reach in the competitive navigation market. With a cash infusion, I would expect to see more good news and new products coming out of the TeleNav shop this year.

At TeleNav

Read More in: TeleNav News and Reviews

Share this Article with others:

Related Articles:

• TeleNav On My Way Updates ETA via SMS - Mar 22, 2010
• TeleNav Announces GPS Navigator 6.0 - Upgraded Features - Mar 22, 2010
• TeleNav to power Ford Sync Navigation - Jan 07, 2010

Came straight to this page? Visit GPS Lodge for all the latest news.