Hughes Telematics

Polaris Acquisition Corp.

January 06, 2009

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Hughes Telematics
Polaris Acquisition Corp.
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Polaris Acquisition Corp.

Polaris Acquisition Corp. (AMEX: TKP.U) is a special purpose acquisition company (SPAC) formed by several highly successful private individuals to facilitate investment through funds raised in an initial public offering. The proceeds that were raised are targeted now to complete the business combination with Hughes Telematics, Inc., a private company headquartered in Atlanta, GA, pending shareholder approval and satisfaction of other conditions in the merger agreement. (See merger overview) Polaris management will also contribute:

  • Financial expertise and relationships
  • Acquisition sourcing, diligence & modeling
  • Significant customer acquisition, direct marketing, traditional marketing, lead generation & data monetization expertise
  • Business and marketing operations and strong technology qualifications and expertise

For more, please visit Polaris Acquisition Website.

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