Nordic Business Report-August 24, 2006-Benefon Oyj forms partnership with Geowell
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Finnish mobile telematics manufacturer Benefon Oyj announced on Thursday (23 August) a global partnership with the Finnish tracking technology company Geowell.
Under the agreement Benefon will have the sole and exclusive rights to design and manufacture integrated GPS/GSM tracking devices for Geowell.
The value of the three-year contract is estimated to be between EUR10m and EUR12m.
One euro (EUR) is worth approximately 0.68 British pounds (GBP).
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