Tricia Duryee
Mar 12, 2010 12:31 PM
The first victim of the free navigation wars: Vodafone (NYSE: VOD) is shutting down Wayfinder, the Swedish mapmaker it purchased for $30 million in late 2008. It was the carrier’s goal to use Wayfinder to provide directions to both drivers and pedestrians, while overlaying location-based advertising to alert users to…
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Advertising, Technologies / Formats, GPS Navigation & Maps, Companies, Google, Android, Vodafone, wayfinder
James Quintana Pearce
Jan 28, 2009 3:08 PM
Vodafone (NYSE: VOD) has obtained 98.13 percent of the shares in Swedish navigational software firm WayFinder Systems, mostly coming from its public cash offer being accepted but about a fifth being bought in the market and private transactions. “Vodafone said it intends to initiate compulsory acquisition proceedings under the Swedish…
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Money, M&A & Venture Capital, Mergers & Acquisitions, Technologies / Formats, GPS Navigation & Maps, Companies, Vodafone, wayfinder
Dianne See Morrison
Dec 9, 2008 9:11 AM
Don’t count the carriers out just yet. Vodafone’s offer to purchase Swedish navigational software firm Wayfinder shows that operators aren’t going to be turfed out of the race anytime soon to offer consumers mobile internet services in which mapping and navigation are playing an increasingly important role. Vodafone’s $30 million…
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Money, M&A & Venture Capital, Mergers & Acquisitions, Technologies / Formats, GPS Navigation & Maps, Companies, Google, Nokia, Vodafone, wayfinder
Dianne See Morrison
Dec 9, 2008 6:01 AM
Vodafone (NYSE: VOD) has made a cash offer for Swedish navigational software firm Wayfinder the companies announced today. The world’s largest telecoms group by revenue has offered Wayfinder 12 Swedish crowns a share, which values the company at 239 million Swedish crowns, or $30 million. Vodafone’s internet services director Pieter…
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Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, Vodafone, wayfinder
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