Filed in archive Business News by S.M. Schrama 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.

Related Entries:

TomTom: Maps for You, Linux Viruses for Windows - 29 January 2007
TomTom and Garmin to Move into Handsets - 10 April 2007
Personal Navigation: The Next Big Hit in Mobile Industry - 03 May 2007
TomTom Go 720：加强地图DIY功能 - 06 June 2007
TomTom kauft nun Tele Atlas - 19 November 2007

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Permalink: Tomtom to buy TeleAtlas

Tags: tomtom gps navigation electronic garmin teleatlas domination power 2007 tomtom+teleatlas

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Vote for Tomtom to buy TeleAtlas:

Currently 9.00/10
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Rating: 9.00 out of 3 vote(s) cast.

Response from: jullya2@link.net (03/14/09 10:30am)

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 :-D. Anne.