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Your Online Guide » Startup Guide » Corporate Acquisitions and Mergers

[G451]Gps Gsm Tracking Device
by Santa Jva, San
Worldscout Corporation has acquired Toronto-based Alltigo Inc., a leading developer of micro-electronic GPS/GSM devices and embedded software applications.
The acquisition results in Alltigo's engineering team (GPS technology specialists, software developers and programmers) joining Worldscout's R&D team. In addition, Alltigo's patent pending, real time Personal Location Tracking Device which combines AA-GPS and GSM/GPRS technologies to locate, track and protect, people, vehicles and other mobile assets remotely, via the Internet, will be used to broaden the omniscout product line.
"This acquisition will help move us into brand new markets," said Robert Metz, president of Worldscout Corporation. "The potential is incredible because we now have a mainstream product which extends the capabilities of vehicle tracking and monitoring. We now have a small hand held unit which gives us the ability to track, in real time, any person, vehicle or asset remotely, via the Internet. From a consumer technology perspective this is unprecedented."
The technology can locate GPS satellites and lock onto their signal more efficiently than other systems. It uses a wireless cellular modem to communicate its location and receive commands over a GSM/GPRS mobile phone network, via TCP/IP (Internet Protocol), or SMS text message (Short Message Service).
The device has reported position accuracy within a few meters. Weighing just one ounce and measuring 90 x 48 x 20mm (3.5 x 1.9 x 0.8"), the device uses a built-in Lithium-ion battery has an average use life of 7 days and its on-board memory can store up to 60,000 locations. The device is also service agnostic and can be used with existing Location Based Services (LBS) or without.
About Worldscout Corporation
Worldscout Corporation is a privately-held Canadian company that designs, manufacturers and markets the omniscout family of GPS/cellular based theft deterrent/recovery systems. These systems allow users to track and monitor the movement of either one vehicle or hundreds -- simultaneously, intelligently and in real time. This gives users "piece of mind" knowing they can locate their vehicles at any time through an easy-to-use Internet "dashboard." Additional security features include excessive and critical speed alerts, lock & unlock doors, honk horn, starter disable and more. The company is located at 100 Leek Crescent, Unit 10 in Richmond Hill, ON L4B 3E6 Canada with a U.S. office in Phoenix, Az.
For more information, visit call 1-877-98scout (72688) or 416/696-9900 ext. 23.
About Alltigo Inc.
Alltigo Inc. was a private, Toronto-based technology company founded by engineers with extensive experience in enterprise applications and the integration of small electronic devices in those systems. Utilizing only commodity-type services, readily available with well-defined interfaces, such as Global Positioning Systems, Wireless Networks, Internet, Web Services, and Instant Messaging, Alltigo has offered significant value to customers at attractive prices.

Worldscout Corporation has acquired Toronto-based Alltigo Inc., a leading developer of micro-electronic GPS/GSM devices and embedded software applications.
The acquisition results in Alltigo's engineering team (GPS technology specialists, software developers and programmers) joining Worldscout's R&D team. In addition, Alltigo's patent pending, real time Personal Location Tracking Device which combines AA-GPS and GSM/GPRS technologies to locate, track and protect, people, vehicles and other mobile assets remotely, via the Internet, will be used to broaden the omniscout product line.
"This acquisition will help move us into brand new markets," said Robert Metz, president of Worldscout Corporation. "The potential is incredible because we now have a mainstream product which extends the capabilities of vehicle tracking and monitoring. We now have a small hand held unit which gives us the ability to track, in real time, any person, vehicle or asset remotely, via the Internet. From a consumer technology perspective this is unprecedented."
The technology can locate GPS satellites and lock onto their signal more efficiently than other systems. It uses a wireless cellular modem to communicate its location and receive commands over a GSM/GPRS mobile phone network, via TCP/IP (Internet Protocol), or SMS text message (Short Message Service).
The device has reported position accuracy within a few meters. Weighing just one ounce and measuring 90 x 48 x 20mm (3.5 x 1.9 x 0.8"), the device uses a built-in Lithium-ion battery has an average use life of 7 days and its on-board memory can store up to 60,000 locations. The device is also service agnostic and can be used with existing Location Based Services (LBS) or without.
About Worldscout Corporation
Worldscout Corporation is a privately-held Canadian company that designs, manufacturers and markets the omniscout family of GPS/cellular based theft deterrent/recovery systems. These systems allow users to track and monitor the movement of either one vehicle or hundreds -- simultaneously, intelligently and in real time. This gives users "piece of mind" knowing they can locate their vehicles at any time through an easy-to-use Internet "dashboard." Additional security features include excessive and critical speed alerts, lock & unlock doors, honk horn, starter disable and more. The company is located at 100 Leek Crescent, Unit 10 in Richmond Hill, ON L4B 3E6 Canada with a U.S. office in Phoenix, Az.
Alltigo Inc. was a private, Toronto-based technology company founded by engineers with extensive experience in enterprise applications and the integration of small electronic devices in those systems. Utilizing only commodity-type services, readily available with well-defined interfaces, such as Global Positioning Systems, Wireless Networks, Internet, Web Services, and Instant Messaging, Alltigo has offered significant value to customers at attractive prices.
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Vikas Bhagta has sinced written about articles on various topics from Joint Venture, Work From Home and Credit Cards.
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