Directions Magazine
Hello. Login | Register

Press Releases

Home | Submit Press Release

TeleNav Completes Acquisiton of goby

Bookmark and Share
Tuesday, September 6th 2011
TeleNav | Sunnyvale,CA


—September 2, 2011—TeleNav, Inc. (NASDAQ: TNAV), one of the largest global wireless location-based services providers, today announced that it has completed the acquisition of goby, a Boston-based local search engine and mobile application developer focused on offering users an easy way to explore and discover events and activities based on location.

"We are impressed with what the goby team has built to date and are excited about what we can do together moving forward," said HP Jin, president, CEO and co-founder of TeleNav.

Most of the eleven goby employees will join the TeleNav team and will remain in their current Boston location. The overall financial impact of the acquisition to TeleNav is not expected to be material to the financial results and cash position of TeleNav. Other terms of the acquisition were not disclosed and additional details on timing and extent of goby content and technology integration will be announced at a later date.

Bookmark and Share

Stay Connected

Twitter RSS Facebook LinkedIn Delicious Apple Devices Android Blackberry






Recent Comments

Every GIS Student’s Nightmare: Finding a Research Topic

Why do students already involved in GIS have such a challenging time finding topics for papers? Why is it so hard, and how can educators and professionals help?

Crime Data Analysis Using MapInfo: A Tutorial
Mapping Could help stop Ebola’s Spread
Multispectral Imaging Could Reveal Secrets Of Martellus Map
Rutgers Researchers Show that How Fast You Drive Might Reveal Exactly Where You are Going
NASA/ISU RECOVER Program: Broad range of uses for natural disaster recovery
AidData Taps Students to Train Local Organizations to Track Development Spending
Apple, Sensors and Geodata Overload
A Global View of Earth and the Environment: An Interview with Barbara Ryan, Director, Group on Earth Observation (GEO)

DirectionsMag.com

About Us | Advertise | Contact Us | Web Terms & Conditions | Privacy Policy
© 2014 Directions Media. All Rights Reserved