AutoNavi has acquired Beijing XingTianDi Information Technology Co., Ltd.
AutoNavi acquired Beijing XingTianDi Information Technology Co., Ltd on Dec.28, 2006. Beijing XingTianDi has the most advanced industrial equipment and software in China including DMC all-digital aerial photogrammetry system etc, while ranking the first in total production output countrywide. Thus, through the acquisition, AutoNavi became the only digital map supplier in China who obtains “Level A” qualification of aerial photographing surveying & mapping together with aerial photogrammetry data production capacity.
About Sequoia Capital
Sequoia Capital provides venture capital funding to founders of startups who want to turn business ideas into companies. As the "Entrepreneurs Behind the Entrepreneurs", Sequoia Capital's Partners have worked with innovators such as Steve Jobs of Apple Computer, Larry Ellison of Oracle, Bob Swanson of Linear Technology, Sandy Lerner and Len Bozack of Cisco Systems, Dan Warmenhoven of Network Appliance, Jerry Yang and David Filo of Yahoo!, Jen-Hsun Huang of nVIDIA, Michael Marks of Flextronics, Larry Page and Sergey Brin of Google, Chad Hurley and Steve Chen of YouTube and Dominic Orr and Keerti Melkote of Aruba Wireless Networks. To learn more about Sequoia Capital visit www.sequoiacap.com.
Contact:
Neil Shen
SEQUOIA CAPITAL
nshen@sequoiacap.com
