TAG: acquisition

Qualcomm to Acquire SiRF Chipmaker CSR

October 20, 2014By

Qualcomm, Inc., has agreed to buy British CSR for $2.5 billion, to enhance its automotive infotainment and Internet of Things (IoT) offerings. CSR is known to the GPS/GNSS industry as the maker of the SiRFstar series of chips, which are used in many consumer devices. Qualcomm is a leading maker of chips used in smartphones. According to Qualcomm, the acquisition complements the company’s offerings... read more

InvenSense to Acquire Sensor Nav Companies Trusted Positioning and Movea

July 23, 2014By

InvenSense, Inc., a provider of intelligent sensor solutions, has signed a definitive agreement to acquire Trusted Positioning, Inc. (TPI), a privately held indoor/outdoor tracking company with the vision to provide “Positioning Everywhere.” InvenSense is also acquiring context analysis software company Movea. TPI’s location tracking technology improves accuracy both indoors and outside by augmenting GNSS and Wi-Fi based location infrastructure. Using inertial sensors such... read more

Google Acquires Satellite-Imaging Startup for $500M

June 25, 2014By
A Skybox satellite image of Tampa, Florida.

Google enhanced its online mapping service by acquiring Mountain View, California-based Skybox Imaging for $500 million in cash. Sources say both Google and Facebook are purchasing satellite and drone companies in an attempt to expand into other market areas. One of the ways Google will be leveraging Skybox is in disaster relief and to improve Internet access in remote areas,... read more

Hexagon Acquires iLab for Smart Agriculture

June 2, 2014By

Hexagon AB, a global provider of design, measurement and visualization technologies, has acquired iLab Sistemas, a provider of planning and optimization solutions for the agro business sector, with special focus in the sugar and ethanol industries. iLab will, together with Arvus and Leica Agriculture, form the backbone of Hexagon’s Smart Agriculture Solution. Headquartered in Ribeirão Preto, Brazil, iLab takes advantage... read more

McMurdo Group Completes Acquisition of Techno-Sciences

May 28, 2014By

McMurdo Group, an end-to-end search and rescue (SAR) and maritime domain awareness (MDA) company, has acquired Techno-Sciences, Inc. (TSi), a provider of SAR satellite ground stations, integrated emergency response center systems and coastal surveillance solutions. Terms of the acquisition were not disclosed. TSi’s Beltsville, Maryland, location becomes the U.S. headquarters for McMurdo Group, a division of Orolia, global specialist in... read more

SiriusXM to Acquire Connected Vehicle Unit of Agero

August 26, 2013By

Sirius XM Radio has entered into a definitive agreement to acquire the connected vehicle services business of Agero, Inc. for $530 million in cash. The connected vehicle unit of Agero is a leading provider of innovative telematics services, according to Sirius, offering safety, security and convenience services for drivers and end-to-end, turnkey solutions for automakers. Following the acquisition, SiriusXM will... read more

Google’s $1.1 Billion Purchase of Waze Under FTC Scrutiny

June 26, 2013By
Google+Waze

In a year of ho-hum location deals, or the lack of any, the recent Google purchase of Waze for more than $1 billion is a big one. In fact, readers of GPS World magazine’s LBS Insider would have to go back to the summer of 2007, when TomTom purchased Tele Atlas and Nokia bought Navteq, to find an industry acquisition... read more

ST-Ericsson Sells GPS Business to Intel

May 29, 2013By

ST-Ericsson, a joint venture of STMicroelectronics and Ericsson, has sold its mobile connectivity GNSS business to Intel. ST-Ericsson, which focuses on mobile and wireless chips, announced the sale on Tuesday without naming the buyer. An Intel spokesman later said the U.S. chipmaker bought the assets. According to ST-Ericsson, the sale “represents another step in the execution of Ericsson’s and ST’s... read more

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