Everything Has A Price; Freescale’s Was $17.6 Billion
By TelematicsWire on September 15th, 2006 Via: Telematics Wire - Telematics Industry News Resource With RSS
Freescale sold its soul for $17.6 billion to The Blackstone Group, an investment group that includes some noteable names like The Carlyle Group, Permira Funds and Texas Pacific Group.
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The Telematics Wire site is fast loading, relevant, and frequently updated. Above and beyond the news, supplementary resourceful content is also posted on a regular basis. Telematics usually references mobile computing, specifically vehicle computing and vehicle telemetry. This includes Fleet Management, Logistics, Location Based Services [LBS], Global Positioning Systems [GPS], Infotainment, etc. However, in the past couple of years, vehicle telematics applications such as GPS and Infotainment have spilled over into the Mobile Phone Industry, creating a whole new array of “Personal Telematics” devices and services. Personal telematics devices include New-Generation Mobile Phones, The Infamous Blackberry, iPods, etc.
