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    Thursday, April 24, 2008

    Qualcomm, DriveCam In Licensing Deal


    San Diego firms Qualcomm and DriveCam said today that the two companies are in a deal for DriveCam to license Qualcomm's CDMA2000 telematics modules. According to the companies, Qualcomm has granted DriveCam a worldwide license to its patent portfolio, to developm, manufacture, and sell CDMA telematics modules. Financial terms were not disclosed, however the firms said the deal calls for DriveCam to pay royalties to Qualcomm. DriveCam develops systems used to monitor and track fleet vehicle drivers; Qualcomm is a developer of wireless communications technology.
    posted on Thursday, April 24, 2008

    Related companies:
    Qualcomm

    Related stories:
    > DriveCam Names CEO
    > DriveCam Focuses On Taxi Safety
    > DriveCam Raises $28M
    > Qualcomm Countersues Broadcom
    > DriveCam Signs Insurance and Risk Management Provider

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