Wednesday May 6, 2009 2:31 pm
Navigon - No More PNDs in No. America
Germany based Navigon is leaving the PND market in North America. CEO Egon Minar says that they are downsizing their Chicago office but will still take care of their existing customers with map updates, etc. Apparently they were losing money to more basic, cheaper GPS devices. Instead, they will concentrate on its mobile division by offering its technology to smartphones. They recently signed a deal to equip T-Mobile in Germany, so perhaps they will extend themselves to the states.
Read More | GPS Business News
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