Monday, March 29, 2010

Qualcomm and Audi to Make the Connected Car a Reality

Another major partnership competing for space in the automobile Black Box.

BARCELONA, Spain, Feb. 15 /PRNewswire-FirstCall/ -- Qualcomm Incorporated (Nasdaq: QCOM), a leading developer and innovator of advanced wireless technologies, products and services, and AUDI AG today announced that Audi's Mobile Media Interface (MMI) Plus in-car navigation system, featuring integrated UMTS connectivity from Qualcomm, will be available on select Audi A8 vehicles this year. The solution brings 3G high-speed data connectivity to the automobile and enables previously unseen navigation capabilities. The MMI's embedded 3G connectivity also allows the car to perform as a mobile "hot spot," allowing passengers to connect their Wi-Fi devices to the Internet from the vehicle.


Venture Capital gets interested:

IntelliOne Closes on $3.8M Round With Genuity Capital, Gets New CEO in David Winters - CBL

According to a Reg D filing with the U.S. Securities and Exchange Commission, IntelliOne Technologies Corp., an Atlanta-based provider of traffic and location services information, has completed its $3.8 million offering, raising the equity from two existing international shareholders and changing up its leadership.

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