Garmin Acquiring Navigon

Garmin Ltd. and Navigon AG announced that Garmin Ltd. and the shareholders of Navigon AG have signed an agreement for a subsidiary of Garmin to acquire privately-held navigation provider Navigon AG (“Navigon”). “This acquisition is a great complement to Garmin’s existing automotive and mobile business. Navigon has invested significantly in the European automotive OEM business,…

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GPS chipset shipments will reach 2B by 2016

According to a study from ABI Research, consumer and precision GPS shipments are forecast to reach two billion units by 2016. It also forecasts that the support for the Russian GNSS system Glonass will become a standard feature as early as 2013, while Chinese Compass will also be important in coming years. Similarly, sensor location…

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Wikitude Drive in Europe

Wikitude announced the international expansion of turn-by-turn navigation application, WIkitude Drive. The WIkitude Drive application, instead of using abstract maps, offers the driver to follow a line projected onto the camera view of his mobile device. It is the very first Augmented Reality navigations system for smartphones. It has two main advantages, first you simply…

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