Tuesday, 24. July 2007

TomTom bids €1.8bn for map provider


TomTom has put a €1.8bn cash bid on the table for Tele Atlas, the company that supplies map data to the sat nav firm's 10 million GPS devices.

The idea is that social-networking type information can be integrated into the mapping data to create a more dynamic service for TomTom users.

theregister.co.uk

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