Announced
Financials
Tags
Pending
China
Acquisition
Friendly
Private
electronic map services
Digital Services
navigation systems
Single Bidder
Synopsis
Luokung Technology Corp, one of the global leading spatial-temporal big-data processing technology companies, acquired eMapgo, one of the leading navigation electronic map service providers in China, for $119m. After the acquisition, EMG will continue to conduct its business activities independently and provide services to customers as a neutral mapping-company.
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