TeleCommunication Systems (TCS) Acquires LBS-Provider LocationLogic For $25 Million

imageWireless technology provider TeleCommunication Systems (TCS) has acquired the assets LocationLogic, a privately-held location based services technology provider, for $25 million–$15 in cash, and $10 million, or approximately 1.4 million shares of TCS Class A common stock, from private equity investors Hale Capital Partners and Hale Global. The two bought LocationLogic

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