Article: Mobile Devices Completes EUR 3.1 Million Fund Raising; Leading French company receives first round investment from Innovacom.

M2 PRESSWIRE-4 December 2007-Mobile Devices: Mobile Devices Completes EUR 3.1 Million Fund Raising; Leading French company receives first round investment from Innovacom(C)1994-2007 M2 COMMUNICATIONS LTD

RDATE:04122007

Le Kremlin Bictre, France -- Mobile Devices, a leading provider of technology for telematics, fleet management and navigation applications, is pleased to announce the completion of its first round of private investment. The company has raised a total of EUR3.1 million from Innovacom, the sole financial investor in this private placement.

Mobile Devices enables any company involved in telematics (navigation, driver information and ...

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