IDB Communications Group Inc.
IDB (ITS Data Bus) An interface between devices in an automobile endorsed by the Society of Automotive Engineers (SAE). Designed to fulfill the goal of Intelligent Transportation Systems (ITS), the ITS Data Bus enables engine diagnostic equipment, GPS navigation systems, Communications Group Inc., a Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. communications services company, has agreed to sell 5 percent of its stock to Swissair Swissair (Swiss Air Transport Company Limited) was the former national airline of Switzerland. It was formed of a merger between Balair and Ad Astra Aero (To the Stars), in 1931. . The agreement, valued at $4.2 million, involves the creation of a joint venture in Zurich, Switzerland, between the companies to develop and market communications services to the aviation industry. IDB said the transaction, which calls for the sale of 325,000 shares of stock at $13 a share, would cut its debt by $4 million.
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