TomTom Buys Horizon Patent Portfolio
TomTom announced that it has acquired the world-wide patent portfolio of Horizon Navigation Inc which has been a leader in the design of vehicle navigation systems for eighteen years. The company developed original equipment navigation solutions for General Motors, Ford, Chrysler, Porsche, and Nissan. TomTom said Horizon agreed to provide US-based R&D to assist TomTom's development teams and will continue to develop its own software products. See Forbes for more info.
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