Wednesday, October 31st, 2007
PR – PTC today announced it has entered into a definitive agreement to acquire CoCreate Software GmbH, a provider of PLM and CAD modeling solutions for approximately $250 million. CoCreate, based in Sindelfingen, Germany, is privately held, has 280 employees and more than 5,000 customers globally including Agilent, Canon, Fisher Controls, Fujitsu, HP, Liebherr, Matsushita
Wednesday, October 31st, 2007
CNN – Amsterdam shares were traded higher at midday, although TomTom crashed as rival Garmin announced an intended 24.50 eur-per-share offer for Tele Atlas. At 12.21 pm, the AEX was up 1.03 points or 0.19 pct higher at 546.28. Government bonds traded lower. TomTom provided the story of the day, falling 14.58 pct to 57.90
Wednesday, October 31st, 2007
PR – The Reliance Energy (REL) board on Tuesday approved a proposal to transfer its infrastructure projects to a separate wholly-owned subsidiary. REL’s infrastructure portfolio consists of roads, bridges, metro rail and real estate projects. The assets transferring will be subject to regulatory approvals, REL said in a statement. Soure: Economic Times
Tuesday, October 30th, 2007
Hyderabad-based IT services firm Infotech Enterprises opened its 1,500-seat development centre in Bangalore. With a built-up area of 240,000 sq ft, the Rs 400 million facility would house Infotech’s engineering design services and is the fourth facility in the country – the other three being in Hyderabad.
Tuesday, October 30th, 2007
PR – Trimble announced the launch of Trimble(R) VRS Now(TM) Service in Ireland. The commercial service provides surveyors, civil engineers and geospatial professionals with instant access to real-time kinematic (RTK) Global Positioning System (GPS) corrections without the need for a base station. Using data from Ordnance Survey Ireland (OSi) and Ordnance Survey of Northern Ireland (OSNI),
Monday, October 29th, 2007
PR – EveryScape isn’t an online world, it’s the world online. EveryScape takes you from the streets to the sidewalks and through the doors of the world’s cities and tours. Letting businesses organizations and consumers build and share their world the way they see it. Read More
Friday, October 26th, 2007
PR – Rolta India Limited, one of India’s leading IT companies, specializing in GIS/GeoSpatial Information Systems, Engineering Design and Enterprise Information & Communication Technology, today announced unaudited financial results for the first quarter ended September 30, 2007 and a bonus issue of one share for every one share held.
Friday, October 26th, 2007
PR – NemeriX, a leading provider of A-GPS semiconductor solutions, announced today the release of its 4th generation A-GPS navigation platform: the NemeriX NX4. This modular, scalable, hosted & stand-alone A-GPS navigation solution directly targets the strategic roadmaps of mobile handset vendors. Like the three NemeriX GPS generations which precede it, the NX4 is designed
Friday, October 26th, 2007
PR – The needs of infrastructure are challenging. There is a need to manage a broad spectrum of diverse information while allowing multi-disciplinary teams to collaborate and use best-of-breed tools in their projects. Infrastructure users need an environment where GIS and CAD functionality are fully integrated, allowing users to work seamlessly across lifecycle phases. Users require
Friday, October 26th, 2007
PR – ESRI has signed a vertical strategic alliance (VSA) agreement with the government of Malta. Signed by the Minister for Investment, Industry, and Information Technology (MIIIT), the agreement states that ESRI and its Maltese distributor, GeoSYS Ltd., will facilitate the use of geographic information system (GIS) technology throughout various sectors of the government and private