BNET Industries
Last Fiscal Year Sales:$37.5M
- Private
Dow Jones Description
Mfr. & Supplier of Global Satellite Positioning, Navigation & Guidance Equipment
Number of Employees 174
Contact Information
Peer Companies
NAICS Code Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System and Instrument Manufacturing: 334511
News & Analysis
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thales navigation inc. - All News and Analysis
OK voters approve solution to freeport exemption glitch
Just days after the Oklahoma Court of Civil Appeals threw out a state law dealing with a significant property tax exemption for businesses, the voters of Oklahoma approved a solution to the problem. The Oklahoma Constitution provides what's known as the "freeport exemption," meaning that merchandise being...
Interview: Magellan; GEO interviews Stig M. Pedersen, Sr. director of marketing strategy, Survey/GIS for the newly named 'Magellan Navigation, Inc.' Through a recent acquisition by Shah Capital Partners (SCP) from the Thales Group, the company sets out on
GEO: Can you explain why Thales Group has decided to sell Thales Navigation at this time? SMP: With the rapid growth of the consumer GPS market, Thales Navigation with its consumer business was moving further away from the core portfolio of Thales Group....
GIS data collection and navigation software available from Forestry Suppliers.(TOOLS & EQUIPMENT)
Enhanced by an internal WAAS/EGNOS receiver, the Thales Navigation Mobile Mapper Series provides real-time accuracy to within 3 meters. Thanks to powerful office support software--which provides clear and simple data display, editing and export capabilities--Mobile Mappers are ideal for anyone who manages positioning assets in the...
Thales Navigation
Thales and an investor group led by Shah Capital Partners have finalised the sale of most of Thales navigation activities. Under the agreement, Shah Capital Partners--a technology private equity firm--acquires Thales Navigation for $170 million and will rename the company Magellan Navigation, Inc. Thales Navigation is a leader in the...
Thales Navigation.(NEWS BRIEFS)
Thales Navigation says that the ProMark3 GPS is getting closer to the Hungarian Surveyors--it now speaks Hungarian! This news means more to us than language availability, this localization illustrates, the will for Thales to partner with local Dealer to bring customized product to the market, furthermore...
Correction
The headquarters of Shah Capital Partners SCP in the September article "Thales Navigation Sold to Shah Capital Partners" was incorrect. SCP is based in Santa Clara, California.
Shah Capital Partners Completes Acquisition of Thales Navigation; Now Magellan
SAN DIMAS, Calif. -- An investment group led by Shah Capital Partners SCP today announced they have completed the acquisition of Thales Navigation, a division of Thales. The new company will be known as Magellan, and is a leader in the consumer, survey, GIS and OEM GPS navigation and positioning...
NAVTEQ.(NAVTEQ and Thales Navigation contracts with Mapcom Systems and MTS Technologies Inc.)(Brief article)
NAVTEQ and Thales announced that the Magellan RoadMate 760 and 700 portable vehicle-navigation solutions now offer NAVTEQ real-time traffic services via NAVTEQ Traffic RDS. Also, NAVTEQ is providing its map data to Mapcom Systems for integration with its Geographical Operations System software, M4 Solutions; MTS Technologies...
Thales Navigation sold to Shah Capital
At press time, GPS World learned that an investment group led by Shah Capital Partners SCP of Paris, France, is acquiring Thales Navigation, a division of Thales. Thales Navigation is known for its Magellan brand and had a reported 200 percent consumer revenue growth over the past three years....
Shah Capital Partners Signs Definitive Agreement to Purchase GPS Navigation Business of Thales; New Company to Be Called Magellan Navigation, Inc
SANTA CLARA, Calif. & PARIS -- An investment group led by Shah Capital Partners SCP today announced they have reached a definitive agreement to acquire Thales Navigation, a division of Thales. Co-investors who participated with SCP in the transaction included Tudor Group, Galleon Group, Consolidated Press Holdings, AIG SunAmerica, and...
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