Home › News ›

TeleCommunication Systems Buys Networks In Motion for $170M

Article Comments

Dec 3, 2009, 12:09 PM by Eric M. Zeman

Today TeleCommunication Systems (TCS) has announced its intent to acquire and merge with Networks In Motion for the price of $170 million. Networks In Motion is a privately held company that provides mapping and GPS information to mobile phones. TCS will pay for the acquisition with cash, stock and promissory notes. Network In Motion's board has approved the acquisition, though its shareholders and regulators have not. TCS believes this acquisition will help it better supply wireless network operators with the information their subscribers need for navigation and mapping services.

Related

Samsung Refreshes Galaxy S Series with S Pen, New Cameras

Feb 9, 2022
Samsung today announced its lineup of flagship phones for 2022: the Galaxy S22 series. The top-end S22 Ultra sees the biggest changes as it essentially absorbs Samsung's Note series with an integrated S Pen stylus and a more Note-like shape and design, instead of the Contour Cut design of the other models.

TCL Creates New Stylus Phone for US

Jun 2, 2022
TCL is entering a new category in the US phone market: affordable phones with a built-in stylus. The new TCL Stylus 5G is roughly similar to company's TCL 30 V 5G for Verizon, but with a stylus and going on sale today with T-Mobile and Metro.

T-Mobile's New REVVL 6 Series Offers 5G Starting at $170

Jul 28, 2022
T-Mobile has announced it latest series of T-Mobile-branded affordable phones, the REVVL 6 5G and REVVL 6 Pro 5G. They will sell for $170 and $220, respectively.

Square Launches Tap to Pay on iPhone

Sep 29, 2022
The Square Point of Sale app now fully supports Tap to Pay on iPhone, allowing any iPhone (11 or newer) to act as a payment terminal able to accept NFC (tap) payments without any additional hardware. Previously, merchants needed a separate hardware accessory to accept any kind of in-person card or tap payments.

T-Mobile's Faster Mid-Band 5G Now Covers 140 Million People

May 4, 2021
As part of its quarterly earnings report today, T-Mobile provided an update on its 5G rollout and Sprint customer migration. The company's faster "Ultra Capacity" 5G network — the bulk of which relies on 2.5 GHz mid-band radio frequencies — now covers 140 million people and is on track to cover 200 million by the end of 2021.

Comments

This forum is closed.

This forum is closed.

No messages

Page 1 of 1