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Corporate News

Wednesday, October 31st, 2007

Amsterdam Shares Higher at Midday; TomTom Crashes on Garmin’s Tele Atlas Offer

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

Infotech Posts 40% Y-over-Y Growth

Infotech Enterprises Limited has announced that its unaudited financial results for the quarter ended 30th Sep, 2007 were taken on record by the Board at its meeting held today. Note: All discussions in the announcement cover consolidated financial performance of Infotech Enterprises Limited and its subsidiaries. Commenting on the Second quarter FY 08 results Mr.

Wednesday, October 31st, 2007

REL to Transfer Infrastructure Projects to Separate Arm

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

IBM Maximo Spatial Delivers Unified View of Corporate Assets

PR – ESRI, the market leader in geographic information system (GIS) technology, today announced that ArcGIS Server 9.2 has been integrated with IBM Maximo Spatial Asset Management, a new solution that brings geospatial query and visualization capability to the capture, analysis, and reporting of assets, locations, and work orders. Viewing the components of business in a geospatial

Tuesday, October 30th, 2007

Infotech Enterprises Opens Tech Development Centre in Bangalore

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

Trimble VRS Now Service Launched in Ireland for High-Precision GPS Positioning

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

Leica Geosystems Geospatial Imaging Announces THEOS Capability

PR – Leica Geosystems Geospatial Imaging announces orthorectification capabilities for Thailand Earth Observation System (THEOS) images accessed in both ERDAS IMAGINE® and Leica Photogrammetry Suite (LPS).

Monday, October 29th, 2007

EveryScape Launches

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

Rolta Announces 44.2% Growth Y-over-Y

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

NemeriX delivers Industry’s First Scalable Hosted & Stand-alone A-GPS Platform

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