February 17, 2021

V99 Completes Acquisition of Telenav

SANTA CLARA, Calif.–(BUSINESS WIRE)–Telenav, Inc. a leading provider of connected-car and location-based services, today announced that it has completed its “go-private” transaction with V99, Inc., a Delaware corporation led by HP Jin, Co-Founder, President, and Chief Executive Officer of Telenav. Under the terms of the previously announced definitive merger agreement, V99 has acquired Telenav for $4.80 per share in an all cash transaction. “Today marks an important day in Telenav’s history,”

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