Apisphere Acquires Navit Innovations to Expand Location-Awareness Offering.Addition of GPS capabilities will extend Apisphere's reach into handset The part of the telephone that contains the speaker and the microphone. On a desktop phone, the part you hold in your hand is the handset. On a cellphone, the entire phone is the handset. See multihandset cordless and headset. manufacturer market BERKELEY, Calif. -- Apisphere Inc. (www.apisphere.com), a leading provider of location-awareness services for mobile business applications, today announced its intentions to acquire Navit Innovations, a San-Francisco-based developer of location-based technologies and solutions for business and consumer markets. The acquisition will enable Apisphere to leverage Navit's extensive Global Positioning System Global Positioning System: see navigation satellite. Global Positioning System (GPS) Precise satellite-based navigation and location system originally developed for U.S. military use. (GPS) technology and industry experience to enhance the scope and reach of the location-aware mobility solutions it is offering its customers. Through this acquisition, Apisphere will add valuable RF engineering, embedded application An application that permanently resides in an industrial or consumer device. Providing some type of control function and/or user interface, the software is typically stored in a non-volatile memory such as ROM or flash memory. development, navigation software engineering, and hardware development capabilities to its team. Navit's GPS product and hardware development expertise will enable Apisphere to expand its addressable Reachable. When something is addressable, it can be identified and manipulated independently of its surroundings. For example, screen pixels and RAM memory are addressable. Each of the screen's picture elements can be individually turned on and off, and each of the memory's bytes can be market by providing an end-to-end solution (jargon) end-to-end solution - (E2ES) A term that suggests that the supplier of an application program or system will provide all the hardware and/or software components and resouces to meet the customer's requirement and no other supplier need be involved. Compare: turn-key solution. that includes location-based services See mobile positioning. (LBS (Location-Based Services) See mobile positioning. ) development support for cellular handset manufacturers. "The expertise Navit brings to our team will extend Apisphere's customer reach to include manufacturers who wish to develop mobile handsets that support mobile business processes with on-demand, location-aware capabilities," said Craig Harper, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , Apisphere. "As the mobile application market continues to explode (1) To break down an assembly into its component pieces. Contrast with implode. (2) To decompress data back to its original form. , Apisphere is dedicated to ensuring we are providing our customers and partners with a full range of location-aware solutions to enhance their solutions and allow them to launch customized applications quickly and efficiently." The strategic acquisition will leverage Apisphere's Geo-Enabled Mobility (GEM) platform which delivers mobile content, including applications and messaging - triggered to launch when users enter specified locations. Apisphere's GEM platform provides independent software vendors (ISVs), mobile network operators (MNOs), system integrators (SIs) and enterprises with the flexibility and freedom to quickly and easily integrate location-aware features into customized applications. "Navit Innovations has developed an innovative GPS platform that can be applied to many different markets and possesses top GPS solution design and development skills. This combined with Apisphere's software location infrastructure, technology and current market traction opens up a lot of exciting opportunities," said Warren Hewerdine, founder and President of Navit Innovations. "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. About Apisphere Apisphere, Inc. transforms the value of mobile business applications and devices with location-awareness services that dramatically enhance the productivity and efficiency of mobile workers. Apisphere's innovative approach to location-aware mobile content delivery is combined with its unique, patentable technology and a highly scalable Software-as-a-Service (SaaS) business model. For more information: www.apisphere.com. |
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