Wednesday, June 15, 2011

Garmin buys Navigon.

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WorldWide Tech & SCience. Francisco De Jesús.


Satellite navigation specialist Garmin announced a deal to acquire Navigon, a Germany-based company which offers navigation applications for smartphones and which holds a 7 percent share of the European portable navigation device market. In a statement, 


Garmin said that “with Navigon, we are also acquiring one of the top-selling navigation applications for the iPhone and Android platforms – something that we expect will help drive revenue for the combined company going forward.”

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