GPS navigation software maker TeleNav announced yesterday that they will continue to provide their software to Ford until December 31, 2017.
The extension of their agreement has been signed this month, the company revealed yesterday.
This is an important contract for TeleNav as the Ford business made 50 percent of their revenue ($17.25 million) in the quarter ended on March 31, 2014.
Ford represents the vast majority of TeleNav automotive revenue which was $18.3 million in the quarter.
The extension of their agreement has been signed this month, the company revealed yesterday.
This is an important contract for TeleNav as the Ford business made 50 percent of their revenue ($17.25 million) in the quarter ended on March 31, 2014.
Ford represents the vast majority of TeleNav automotive revenue which was $18.3 million in the quarter.
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