Bonnie Cha on December 15th, 2008
(Credit: Magellan)

On Monday, Magellan Navigation Inc., entered into a definitive agreement to sell its consumer products division to Taiwanese-based MiTAC International Corporation and expects the transaction to be finalized by January 2009, though no specifics were given about the financial terms. As part of the package, MiTAC, which also …

Originally posted at Miss Direction

Leave a Reply

You will be able to edit your comment after submitting.