TomTom puts in $2.5 billion bid for Map Maker Tele Atlas
By: Daniel Chubb | July 24, 2007 | Leave a Comment
TomTom puts in $2.5 billion bid for Map Maker Tele Atlas and we can see why because TomTom are the world’s largest manufacturer of car navigation devices, they already currently have accounts for around 40% of Tele Atlas’ business and they say the deal would allow for much improved maps and brand new features for example daily map updates and a much better routing system.
TomTom themselves would actually operate Tele Atlas as an independent business unit of which they would offer maps to many other manufacturers, if all goes well both of these companies will come together by the end of 2007.
Read – Reuters
Follow us on Facebook, Twitter and Google+.
Download our free iPhone and iPad apps, or read more in Alternative News, Electronics, GPS.
You may also like...
Tags:

TomTom XL335T vs Past GPS Devices




