Logiball Acquires Telegate AG Mobile & Web R&D

Logiball Acquires Telegate AG Mobile & Web R&D
German map data and navigation engineering services provider Logiball has acquired last month the Hannover research and development center of Telegate AG, a German business directory provider.
The 9 people R&D office specializes in map related web services and mobile application developments. Financial details of the deal were not disclosed.

With this acquisition Logiball now has 52 employees. The revenue of the company was €3.2 million in 2008. Logiball capabilities concentrate on offering map data engineering services and related software. For instance the company has licensed its map data “Germany Plus” (dedicated to energy suppliers and timber industry/forestry) to PND maker Garmin. Logiball also developed the German outdoor map for the Taiwanese outdoor GPS Handheld Xplova – also used by Falk as a white label and renamed IBEX.

Tuesday, November 2nd 2010

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