March 14, 2006

Lowrance Sale Done - Subsidiary of Simrad

Simrad Yachting AS and Lowrance Electronics, Inc. (formerly Nasdaq: LEIX) announced today that Navico Acquisition Corp., Simrad Yachting's wholly owned subsidiary, has merged into Lowrance and, as a result, Lowrance has become a direct wholly owned subsidiary of Simrad Yachting. The merger follows a tender offer by Navico for all of the outstanding shares of Lowrance common stock at a price of $37.00 per share, net to the seller in cash without interest. As a result of the offer, Simrad Yachting, through Navico, acquired approximately 95.6% of Lowrance's outstanding common stock.

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Scott Martin at Permalink | Comments (0) | social bookmarking

March 9, 2006

TeleAtlas and Mio set partnership for development

Tele Atlas, a leading global geographic content provider, announced today at CeBIT an agreement with Mio Technology under which Tele Atlas becomes the preferred global digital map provider for Mio Technology’s personal navigation (PNAV) devices, including the newly-introduced next-generation Mio C310, Mio C710 and A701 products. The agreement further solidifies Tele Atlas’ position as the digital map provider of choice among PNAV device manufacturers. Terms of the partnership also call for Mio Technology to incorporate Tele Atlas maps within the new models of its existing products in North America and Europe, and for the two companies to collaborate on joint marketing and channel development efforts.

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Mio announces Seven new devices at CeBIT - The A710

New Mio devices combine innovative wireless communications, multimedia entertainment, and stylish design.
At CeBIT, Mio Technology Ltd., a leading worldwide supplier of personal navigation GPS systems, will showcase seven new devices that offer stylish form and innovative function. The products define Mio Technology’s commitment to combining wireless communications, multimedia entertainment and sleek design.

During CeBIT — one of the world’s largest information technology exhibitions, running March 9–15 — Mio Technology will display a GPS-capable mobile phone, two personal navigation assistants (PNA), three GPS personal digital assistants (PDAs), and one in-vehicle GPS device. The Mio Technology product line features devices ideal for travel, leisure activities, entertainment and personal information management.

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Scott Martin at Permalink | Comments (1) | social bookmarking

March 8, 2006

Origami Mini-tablet PC with GPS

So, the upcoming announcedment of a mini-tablet PC should be interesting as the unit is rumored to be a mini-tablet with full video playback capability along with GPS capability. The origami tablets will most likely have wireless connectivity, and with the added GPS functions, will be able to use location based services, including maps, games and more. Stay tuned for an announcement this week.

Scott Martin at Permalink | Comments (0) | social bookmarking

New BenQ Phones - BenQ EL71

BenQ Mobile, the company formed in October last year when BenQ Corporation bought Siemens Mobile Devices, got CeBIT 2006 under way with a football-themed launch of six mobile phones, including a Windows Mobile 5-based smartphone with Wi-Fi and a GPS receiver built in. BenQ Mobile has also announced that it is to offer Google search applications on some of its phones.

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Trimble and u-Nav Offer High Performance, Low Power GPS Chipset Solutions

With SiRF's success in the low power, high accuracy GPS chipsets, everyone seems to be announcing new low power chips! Trimble introduced today the first software license product in the TrimCore(TM) family of Trimble core Global Positioning System (GPS) software technology. With this introduction, Trimble has transformed its extensive experience in GPS software and receiver development into innovative licensed software positioning products. TrimCore is an evolutionary software approach to segmenting GPS into modular, reusable building blocks that more closely meet customer resource requirements to implement GPS -- whether it is on Digital Signal Processors (DSPs), microprocessors or GPS chipsets.

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Scott Martin at Permalink | Comments (0) | social bookmarking

March 6, 2006

TeleNav Secures $30 Million in Private Funding

TeleNav Inc., the leading provider of wireless location-based services (LBS), which includes GPS navigation and Mobile Resource Management, today announced the closing of a $30 million private equity financing led by Silicon Valley venture firm Menlo Ventures with participation by Lehman Brothers Venture Partners and existing investors, iGlobe partners and Sycamore Ventures.

The funding follows rapid growth in TeleNav's customer base and increased adoption of location-based services during 2005. This new financing will be used to continue TeleNav's growth, supporting investments in product development, sales, marketing and product innovation.

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Scott Martin at Permalink | Comments (0) | social bookmarking

March 4, 2006

Earthcomber Free Navigation for Windows based Handhelds

Users of Windows Mobile-based handhelds now have a new way to shop, travel and comb the surrounding area for anything they want, anywhere they are. Earthcomber, touted as “the ultimate personal navigator,” is introducing itself to users of Windows-powered PDAs and smartphones. This free service has already generated substantial buzz among Palm-powered loyalists.

To the naked eye, Earthcomber first appears like any other type of navigation software – except that its GPS-enabled maps for all territories in the U.S. are conspicuously missing a price tag. All maps, “Look Lists” and “Community” features are entirely free, providing users with tremendous new travel tools at no cost. where do they make their money? Some spot guides can cost extra (see below), but hey, no biggie right? Free navigation - I'll take that.

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Scott Martin at Permalink | Comments (1) | social bookmarking

Going to China & need directions? ROUTE 66 Mobile 7 for China

If you are going to China and you need some GPS direction, you may want to consider the new product coming out of Nav2 and Route 66 for your Nokia Series 60 Smartphone - Route 66 Mobile 7 for China. Nav2 announces today its partnership with ROUTE 66 to provide ROUTE 66 Mobile 7, for Nokia Series 60 smartphone, a powerful solution for mobile navigation in the Chinese market. Who is Nav2? Nav2 is a partnership between NAVTEQ and Navinfo, the first government sanctioned commercial provider of digital map data for navigation in China - remember we're talking China here.

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Scott Martin at Permalink | Comments (0) | social bookmarking

March 3, 2006

Becker Traffic Pro with SVOX Text-to-Speech

Today, Harman/Becker Automotive Systems GmbH officially announced that they now deploy speech output solutions provided by Zurich-based SVOX for their after-market product Becker Traffic Pro. In fact, by combining Harman/Becker's proprietary premium speech recognition software with SVOX TTS they are aiming to bring the final breakthrough for in-car speech dialog systems. So, not only can you hear "Turn Left at Maple Street", but you'd be able to tell the device to "Navigate Home".

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Scott Martin at Permalink | Comments (0) | social bookmarking

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