Intel Has Acquired Israeli Manufacturer of Mobile’s Navigation Software Telmap

Details of the deal were not disclosed, but the media of Israel believe that the world’s largest processors to pay nearly $ 300 million
Intel Corporation has acquired an Israeli manufacturer of navigation software for mobile phones Telmap, writes Reuters.

Details of the deal were not disclosed, but the media of Israel believe that the world’s largest processors to pay nearly $ 300 million.

Telmap happy to say that we are acquired by Intel, – says on its Web site.

In their blog, general manager of program development at Intel AppUp Peter Riddle wrote:

This step will allow us to develop and expand the development of software for mobile phones.Telmap provides excellent programs for various platforms, along with Intel and the company can significantly increase the scale of these developments. 

Telmap navigation services allow you to keep track of traffic on the roads, provide information about traffic, video cameras, tracking compliance with speed limits and so on.

At Intel in Israel already has two plants and four development centers.

Intel’s net profit in II quarter of this year amounted to $ 3 billion . Revenue manufacturer of processors for April-June rose 21% to a record $ 13 billion.

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Posted by Paracha on October 2, 2011. Filed under Hardware, IT, Networking, Software. You can follow any responses to this entry through the RSS 2.0. Responses are currently closed, but you can trackback from your own site.