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)
One Comment
Good Day. The people I distrust most are those who want to improve our lives but have only one course of action.
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
. Anne.