Navinfo (CN) Acquires MapScape (Holland)

Navinfo will acquire Mapscape in Holland for 61.64 million yuan with funding from its IPO.

“Mapscape provides navigation software, navigation solutions and map compilation services to the auto industry in Europe. Its major customers include Audi, BMW and Volkswagen, as well as NAVTEQ and Tele Atlas.”

- CapitalVue, GPS Biz News has more

Published Tuesday, January 18th, 2011

Written by Adena Schutzberg

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