Monday, August 17. 2009

Garmin, others exploring acquisitions of Britain's Raymarine

Raymarine makes fishfinders, autopilots, marine radar and GPS systems for leisure boats and has been struggling of late. The company confirmed it is in preliminary talks with Garmin and others about an acquisition. The news popped after a report that Garmin had approached the company with a takeover bid on Sunday. Raymarine's stock was up 96% on the news.

- Reuters

Posted by Adena Schutzberg in Satellite Navigation at 07:48 | Comments (0) | Trackbacks (0) |

TomTom iPhone Apps Out - World Abuzz; TomTom Quiet

There were some 150 news articles about this weekend's roll out of the highly anticipated TomTom iPhone app in Australia, the UK and the U.S. The excitement is in part because this app unlike others, does not have a recurring monthly charge. In the U.S. it runs $100. TomTom has no mention of the app on its corporate website and its iPhone site was rather bare (with no link to the app in the App Store) as of 8:30 am EST. The video (advertisement) there still says "coming soon to the app store." This illustrates how corporate communications have changed!

For those interested here's Mashable's coverage with a video.

Posted by Adena Schutzberg in Satellite Navigation, Apple at 07:29 | Comment (1) | Trackbacks (0) |