Home

Navigation

NAVTEQ to Acquire DC-Based Map Network for $37.5 Million

Authored by Mark Hefflinger on December 6, 2006 - 2:54pm.
Washington - NAVTEQ, a Chicago-based producer of digital maps for vehicle navigation and location-based devices, said on Wednesday that it will pay $37.5 million in cash to acquire The Map Network, a DC-based producer of maps for travel destinations, special events and major hotels.
tags: Deals | Tech | Autos | Acquisitions | Travel | Maps | Navigation | Local | NAVTEQ |

Motorola, Rand McNally Collaborate on GPS Navigation for Cell Phones

Authored by Mark Hefflinger on May 30, 2006 - 1:12pm.
Skokie, Ill. - Motorola announced on Tuesday that it has partnered with mapmaker Rand McNally to create a GPS navigation system for cell phones.
tags: Mobile | Tech | Motorola | Tech Deals | Voice | GPS | Rand McNally | Cell Phones | Maps | Navigation | ViaMoto |

AgileTV Raises $22 Million for Cable TV Voice Navigation

Authored by Mark Hefflinger on May 17, 2005 - 8:11am.
Menlo Park, Calif. -- AgileTV, a developer of voice navigation technology for the cable TV industry, announced on Tuesday that it has raised $22 million in a recent round of venture capital financing. Valence Capital led the investment round; Insight Communications and Lauder Partners also participated. Menlo Park, Calif.-based AgileTV's Promptu system utilizes voice recognition technology to enable cable TV viewers to search for programs by genre or find a specific show -- including on-demand or those stored on a digital video recorder -- simply by saying the program name, network name, favorite actor or sports team. A database of more than 100,000 phrases and delivers higher than 90% accuracy, according to AgileTV. The Promptu system is currently in market trials with several top cable operators. The company will use the new funds for further product development.
tags: VC | Cable TV | Voice | Navigation | AgileTV |