East Meets West: Hemisphere GNSS’s New Era
Although not on the scale or at the strategic level of China National Offshore Oil Corporation’s takeover of Canada’s Nexen Inc., the recent acquisition of the Precise Products business of Hemisphere GPS by Beijing UniStrong Science & Technology Co. Ltd. marks a notable achievement in the GNSS world — the acquisition of a North American manufacturer with core GNSS receiver intellectual property by a Chinese enterprise.
By Inside GNSS