Apisphere to acquire Navit Innovations

26 Aug 2008

Apisphere has announced its intention to acquire San-Francisco-based LBS and business solutions developer Navit Innovations.

Adding RF engineering, embedded application development, navigation software engineering and hardware development capabilities to Apisphere's team, the acquisition will enable the company to leverage Navit's extensive GPS technology and industry experience to enhance the scope and reach of the location-aware mobility solutions it is offering its customers.

Navit's GPS product and hardware development expertise will give Apisphere the chance to expand its market share by providing an end-to-end solution that includes LBS development support for cellular handset manufacturers.

The acquisition will also leverage Apisphere's Geo-Enabled Mobility (GEM) platform, which delivers mobile content, including applications and messaging - launching, when users enter certain areas.

"Joining forces with Apisphere enables us to combine technologies to develop more value-added location solutions, and expand our reach into the rapidly growing location-based services market", said Warren Hewerdine, founder and President of Navit Innovations.