At a Glance
Mergers, Acquisitions and Partnerships
►Survey of Israel has signed an agreement for cooperation with Bureau of Surveying and Mapping, China.
►TeleCommunication Systems, Inc. has acquired LocationLogic
►Topcon has partnered with Applied Field Data Systems (AFDS) to sell and support Topcon GIS solutions in Texas, Oklahoma and Arkansas in USA.
►T-Mobile and NAVIGON forms a strategic partnership
►SuperGeo recruits a new reseller in Tamil Nadu, India.
►PCI Geomatics joins ESRI’s Business Partner Program.
►ERDAS and Spot Image in a new partnership, increases their involvement in the Heterogeneous Mission Accessibility- Interoperability
project.
►Intrinsyc Software partners with the Blom Group.
►Spotigo partners with location platform supplier Genasys..
►SPOT Image has signed an agreement with KAI Image for distribution
of KOMPSAT-2 products in North America.
►The European Space Agency and European Space Imaging entered
into an agreement giving ESA access to more than 15 million sqkms of
IKONOS satellite imagery.
►NAVIGON stops PND business in North America.
►Greece’s Data Protection Authority has banned Google Inc. from gathering images in Greece.
Financial Results
►35% revenue growth of Hemisphere GPS in ‘2008.
►Commercial and industrial investment fell an alarming 37.9 percent during the first quarter of 2009, according to the U.S. Commerce Department’s April 29th release on the GDP.
►$11.3 Million contract for Intermap Technologies to provide 3D digital
elevation data and orthorectified radar imagery for an international project.
►GeoEye, Inc. first quarter of 2009 – revenues were $45.2 million, a 26% increase compared to $35.9 million in the first quarter of 2008
► TomTom first quarter 2009 revenue is €213 million, a decrease of 60% sequentially and a decrease of 31% compared with last year.
► Garmin announced its financial results for the first quarter of 2009 – total revenue was $437 million, down 34% year on year.
► GMV opens Commercial Offices in Asia, one in Malaysia and the other in the Korean Republic.
► Trimble announced revenue of $289.0 million for its first quarter 2009, down 19% from last year.
►PT Pageo Utama of Jakarta awards Veripos a contract for provision of
GNSS precise positioning facilities.
►China Information Security Technology, Inc. won a contract for $3.4 million for Shenzhen’s Border Control Bureau Police-use GIS (“PGIS”) Command System.
►GeoEye has nearly doubled the production space, of its St. Louis, Missouri advanced production facility. |