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Qualcomm
Acquired
OmniTracks - The Interim Main Product
Qualcomm and OmniNet merge in 1988. They raise $3.5 million in funding. As part of that, they bring the product to market at the end of 1988 as OmniTracks. It was part of Qualcomm for a long time before I believe it ended up getting spun out to private equity. In 1989, in the first year of business for OmniTracks, they do $32 million in revenue in 1989. Which is something like inflation adjusted to $100 million.
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