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NEW YORK – Polaris Acquisition Corp. has entered into an amended and restated merger agreement relating to its previously announced merger with Hughes Telematics Inc. The all-stock transaction is now valued at approximately $385 million.

Tags: Hughes Telematics, Merger, Polaris Acquisition Corp.

ATLANTA – Hughes Telematics has opened its newest office in Tokyo, Japan. A presence in Japan allows Hughes Telematics to be immediately accessible to Japanese automobile manufacturers in support of its telematics planning and execution activities.

Tags: Hughes Telematics, Tokyo, Japan

ATLANTA – IBM and Oracle will provide technology necessary to deliver HUGHES Telematics' consumer solution to its automotive partners and their vehicle drivers.

Tags: Hughes Telematics, IBM, Oracle