Jul 21, 2008

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Ford Motor Co. researchers have unveiled what they call a "smart intersection" that uses GPS technology and wireless communications to reduce traffic accidents and ease congestion, according to the car maker.

Social networking may get the hype, but navigation will remain the most important category of location-based services (LBS) for the next five years, according to market research firm ABI Research.

TrafficCast International Inc. has extended its five-year partnership with Yahoo to supply real-time and forecasted road speed data for the Internet portal's mapping products.

TruePosition Inc. said today that it is expanding its research and development efforts, including the opening of a research and development center in Westborough, Mass.

GPS Industries Inc. has filed suit in federal court alleging patent infringement against ProLink Holdings Corp., ProLink Solutions, LLC, ABC National Television Sales Inc., and LinksCorp Inc., the company said today.

Intrinsyc Software International Inc. has signed a multi-year agreement establishing a sales relationship with Navteq, in which Navteq map content will be bundled with Intrinsyc navigation software.

Intermap Technologies announced today that its AccuTerra topo maps with off-road points of interest for the contiguous United States and Hawaii are now available for Magellan's Triton and eXplorist handheld GPS units.

With the second-generation Apple iPhone — replete with GPS — hitting stores around the globe today, there are a number of location-based services (LBS) apps already available.

Finnish handset maker Nokia has completed its acquisition of Chicago-based Navteq for approximately $8.1 billion, the companies announced today.
