TeleCommunication Systems Acquires Networks In Motion for $170,000,000
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c4b2df02-82f0-4332-9373-0a70cecc22a4&Preview=1 - Date
12/2/2009 - Company Name
Networks In Motion - Mailing Address
6A Liberty Aliso Viejo, CA 92656 - Company Description
Networks In Motion (NIM) is an award winning Wireless Navigation and LBS Company, with products that are built on a foundation of strategic patents, scalable and extensible server network, advanced mapping technology and integration with emerging wireless and positioning technologies. - Website
http://networksinmotion.com - Transaction Type
M&A - Transaction Amount
$170,000,000 - Transaction Round
- Proceeds Purposes
- M&A Terms
The merger consideration will be paid in a combination of cash, TCS common stock and promissory notes.
