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Taiwan's Mitac to buy Magellan's consumer GPS group

December 16 2008 - 6:00 am ET | Sumner Lemon | Network World

Looking to beef up its GPS product line, Mitac International has agreed to buy the consumer products division of GPS maker Magellan Navigation for an undisclosed sum. Taiwan-based Mitac sells GPS-equipped smartphones and navigation units through its Mio Technology subsidiary.

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