TeleCommunication Systems Acquires Networks In Motion for $170,000,000

  • Feed Type
  • 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.

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