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Pivotel, the company behind Globalstar Australia, has announced a strategic investment in Location-Based Services developer Tenzeng. Globalstar, which offers a unique dual-mode cellular/satellite phone service in Australia, plans to offer asset and personnel tracking services based on the Tenzeng technology.

Tenzeng needs the Pivotel funding to launch suite of `finder solutions’ based on its Location-Based Services (LBS) technology.

Source: LBSZone.com

This article from the Australian IT section of The Australian newspaper, We Know Where You Live, looks at the business side of location-based services in the Australian marketplace.