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Ventures • July 31, 2007

Broadcom Wraps Up Global Locate Acquisition

Broadcom Corporation, an Irvine, California–based $3.67-billion fabless semiconductor company focusing on wired and wireless communications, has closed its $143 million cash deal for Global Locate, Inc.

Headquartered in San Jose, California, Global Locate is an eight-year-old, privately-held, fabless provider of GPS and assisted GPS (A-GPS) semiconductor products and software.

People • July 31, 2007

Fastrax, NavtechGPS, Surrey Satellite

Fastrax has appointed Taneli Tuurnala, M.Sc., as the Finnish GPS manufacturer’s president and CEO. Previously, Tuurnala, who succeeds Matti Räty in the post, previously served as vice-president of sales & marketing at Fastrax. Fredrik Borgström, M.Sc., has been appointed director, sales & marketing. He previously served as the company’s sales director for Europe, the Middle East, and Africa.

Events • January 31, 2007

Moscow International SatNav Forum

Profi-T-Centre Ltd., a Russian business conferencing company, and IIR, a London, England–based business information, conferencing, and consulting firm, are organizing an International Satellite Navigation Forum 2007 in association with Roscosmos, the Russian Space Agency.

Ventures • January 31, 2007

GPS Block III Contracts

The U.S. Air Force has awarded two $50 million contracts to Boeing and Lockheed Martin to execute a system design review for the next-generation GPS space segment program, GPS Block III.

The contracts come on the heels of both companies successfully completing system requirements reviews in November 2006. Those reviews, part of a $10 million follow-on order to a Phase A Concept Development Contract awarded in 2004, assessed Boeing’s and Lockheed’s ability to mitigate development and delivery risks associated with building the Block III satellites.

Ventures • January 31, 2007

DHS Buys IEC's 3-D Locator

L-3 Interstate Electronics Corporation (IEC), Anaheim, California, has been awarded a preproduction contract for Advanced Three-Dimension Locators by the Department of Homeland Security (DHS) Advanced Research Project Agency. The contract represents an initial step by DHS to provide a solution for accurately identifying the location of emergency response personnel in disaster or emergency situations.

Ventures • January 31, 2007

NordNav, CPS Purchase to Support Mobile Phone Effort

BlueTooth technology provider CSR, of Cambridge, United Kingdom, has acquired NordNav Technologies AB, of Sweden, and Cambridge Positioning Systems Ltd. (CPS) of also of Cambridge, UK. Taken together, the acquisitions will allow the company to provide software-based low-cost GPS suitable for mass-market mobile phones and Personal Navigation Devices (PNDs).

New Builds • January 31, 2007

RTK Precise Positioning

Calgary, Alberta, Canada’s NovAtel Inc. offers a new real-time kinematic (RTK) positioning solution, known as AdVance RTK, designed to enhance the precision and performance of the company’s OEMV family of GNSS receiver boards.

Ventures • January 31, 2007

Trimble Acquires @Road, Spacient

Trimble of Sunnyvale, California, has entered into a definitive agreement to acquire publicly held @Road, Inc. of Fremont, California, and has purchased privately held Spacient Technologies, Inc. of Long Beach, California.

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