Europe News: Road Group acquires MyGuide

Europe News: Road Group acquires MyGuide

The Road Group has acquired MyGuide, a European player in navigational systems.

The Road Group's products and services will add online services like toll road fee information, friend finders and web-based content to various online services for navigational systems.

The Road Group will also supply geo-tagging solutions that can be used to add location data to websites, graphics, and other online information sources.

The Road Group has already completed a number of investments and participations, including the Stuttgart, Germany-based software company One Step Ahead, and a participating interest in the Korean company BlueBird.

The Road Group plans to fine-tune its products and services to developments such as Google Maps and other online services.

[Source: GPS Business News]

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