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Article: CAMBRIDGE POSITIONING SYSTEMS: GSM market embraces CP CPS mobile phone location system with cash injection.
- Article from:
- M2 Presswire
- Article date:
- August 6, 1999
CopyrightCOPYRIGHT 1999 Normans Media Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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M2 PRESSWIRE-6 August 1999-CAMBRIDGE POSITIONING SYSTEMS: GSM market embraces CPS mobile phone location system with major cash injection (C)1994-99 M2 COMMUNICATIONS LTD
RDATE:050899
The mobile communications market has taken an important step towards identifying a single, preferred technology for location systems for mobile phones. A further USD15 million of venture capital has been invested in Cambridge Positioning Systems (CPS) by a group of investment companies that includes Argo Global Capital, manager of GSM Capital, a North America venture capital co-operative funded by the world's leading mobile communications companies.
The financial ...
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