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Navman GPS business sold to Mitac

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Posted by Tina
Navman GPS business sold to Mitac

Mitac announced the acquisition of the Navman GPS brand.

Combined Mitac and Navman share on the GPS market is about 20%. It is the third largest GPS hardware supplier. Garmin remains the world leader with more than 50% of the overall GPS market share. Mitac is in position to take the second place from TomTom following the latest security problem with Tomtom software. More: http://www.gps-data-team.com/pda-gps-navigation/topic/692.html

Navman



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