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TCS Buys Loctronix Location-Based Technology

July 6, 2015  - By
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TeleCommunication Systems (TCS) has purchased location-based technology and intellectual property from Loctronix. TCS is integrating the newly acquired assets from Loctronix with its location solution portfolio. Combined, the location-based services (LBS) solutions will enable TCS to further develop indoor-location technology applications ranging from advertising and marketing to navigation and public safety, TCS said.

TCS specializes in secure and reliable wireless communications. The company’s patented solutions enable 9-1-1, commercial location-based services and deployable wireless infrastructure; cybersecurity; defense and aerospace components; and applications for mobile location-based services and messaging. 

“Purchasing LBS technology and intellectual property from Loctronix not only adds to our already vast set of intellectual property rights for LBS, more importantly it underpins our continued commitment to further building out our advanced location product portfolio,” said Jay Whitehurst, TCS senior vice president and Commercial Software Group president. “In addition to expanding the breadth of our current location product offering, the Loctronix assets will provide clear differentiators in device location, and increase our market and revenue opportunities — both for commercial and public safety applications.”

“We have exciting news,” Loctronix announced on its website. “The global leader in Precise Device location, TeleCommunication Systems, Inc. (TCS) has integrated our assets with theirs. We have always said that our mission was to locate any device anywhere — indoors or outdoors. With our technology, TCS will now be able to do just that.”

TCS plans to roll out new solutions leveraging the Loctronix assets by year’s end.

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