NovAtel Acquires CMC Electronics Product Line
NovAtel Inc., a precise positioning technology company, has acquired CMC Electronics' non-aviation Global Positioning System (GPS) OEM product line. The acquisition follows the signing by both parties of a Memorandum of Understanding (MOU) announced in early February of this year. The new NovAtel product line will extend the company's current high-performance, upgradeable L1 and dual frequency (L1/L2) product line into the mid-level L1 market. This will increase the total addressable market in core segments and also create entry points into new vertical markets. The new single frequency products include three receivers - the Superstar I, Superstar II and Allstar with software options such as Wide Area Augmentation System (WAAS) corrections, Real Time Kinematic (RTK) solutions, timing applications and high-quality carrier phase output. The product line also includes two enclosures - the Starbox and Smart Antenna Series, as well as development kits and other accessories.