What Company Is Offering:
u-Nav is a company which develops GPS chipsets and software for the mobile location-based services market. u-Nav's technology delivers ultra-low power at low cost and state of the art performance.
How It Works:
Their technology enables operation indoors and in urban canyons. With the smallest footprint available, the easy-to-integrate GPS chipset is targeted for battery powered mobile applications.
Security, emergency response, telemetry, and personal navigation for consumer and enterprise markets are rapidly driving the demand for location-based services. Our multi-mode products and technology support both conventional and network assisted GPS (A-GPS). We effectively enable our customers to quickly develop products for embedded applications in wireless handset, personal navigation and high volume mobile telemetry markets.
Recent updates:
u-Nav has been acquired by Santa Clara-based Atheros Communications. Atheros said late Thursday that it will pay $54M for u-Nav, made up of $15.4M in cash plus 1.28 million shares of Atheros common stock. The deal also includes an undisclosed milestone payout to shareholders. According to Atheros, the deal is expected to close this year. U-Nav is venture backed by iSherpa Capital, Nordic Venture Partners, and Shelter Capital Partners, among others.
http://www.unav-micro.com/
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment