Motorola Acquires Aloqa for Undisclosed Sum

  • Feed Type
  • Date
    9/16/2010
  • Company Name
    Aloqa
  • Mailing Address
    855 El Camino Real Bldg 4 Palo Alto, CA 94043
  • Company Description
    Aloqa was founded in May 2007 in Munich by a group of computer science PhDs specializing in scalable multi-body position tracking and location based services. The founders built on know-how from commercial financial modeling projects and advanced research at Munich’s Ludwig Maximilian University. Since then, the Aloqa team has grown globally and built extensive internationally acknowledged IP, including several patents in process in the fields of mobile communication, mobile services, position tracking, and location services.
  • Website
    http://www.aloqa.com
  • Transaction Type
    M&A
  • Transaction Amount
    Undisclosed
  • Transaction Round
  • Proceeds Purposes
  • M&A Terms
    Financial terms of the transaction were not disclosed.