Locke Lord LLP served as local counsel for skobbler GmbH in its sale to Telenav, Inc. (NASDAQ: TNAV) for $24 million. Skobbler is a European-based company that created OpenStreetMap (OSM)-based GPS navigation apps. Telenav is a California-based manufacturer of personal navigation services. Locke Lord lawyer Van Jolas served as U.S. counsel on securities regulation, anti-trust and tax matters for the transaction.
Posted February 12, 2014