Magellan, Eurovox to develop satellite-based vehicle navigation products

17 Jun 2002

Magellan Corp. (Santa Clara, California) and Eurovox Pty. Ltd. (Rowville, Victoria, Australia) have reached an agreement to design, develop, and manufacture advanced satellite-aided in-vehicle navigation systems for markets in Australia and New Zealand. Magellan will license its vehicle navigation technology to Eurovox while Eurovox will develop navigation equipment for original equipment manufacturers and original equipment importers along with commercial and consumer applications. The products will incorporate satellite positioning, internal navigation capability, and digital map-matching to provide voice-prompted and visually-prompted driving instructions.