Tomtom to buy TeleAtlas
Filed in archive Business News on July 23, 2007
Tomtom, the famous producer of gps navigation units, currently the biggest in Europe, has announced a bid of €1.8bn on Teleatlas, a creator of maps for use in electronic navigation devices. It's an interesting move. Tomtom claims that it will improve customer feedback on the maps and the navigations devices as a whole. I doubt that is the real reason. I suspect it is a move for more power in the gps navigation market. And that's only logical.
Tele Atlas also supplies data to rival Garmin, a relationship that apparently won't be affected by the purchase.(TheRegister)
GPS Passion thinks a bit different about this.
Permalink: Tomtom to buy TeleAtlas
Tags: tomtom gps navigation electronic garmin teleatlas domination power 2007 tomtom+teleatlas
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Response from:
jullya2@link.net
(03/14/09 9:30am)
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I am from Wales and know bad English, tell me right I wrote the following sentence: "Book cheap flights, airline tickets, cheap hotels and car rentals at onetravel."
Thank you very much :-D. Anne.