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Andy_P Pocket GPS Moderator
Joined: Jun 04, 2005 Posts: 19991 Location: West and Southwest London
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Posted: Mon Apr 14, 2008 11:07 pm Post subject: TomTom and TeleAtlas |
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Whatever happened to TomTom's takeover bid for Tele Atlas?
It all seems to have gone awfully quiet. |
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gatorguy6996 Frequent Visitor
Joined: Feb 16, 2008 Posts: 695 Location: Florida, USA
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Posted: Tue Apr 15, 2008 1:29 am Post subject: |
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Last I heard they were in negotiations with the EU. Reportedly, TT will need to sell the archived map database to a 3rd supplier, as well as offer support for the map, essentially setting up a competing 3rd map supplier. They hope this satisfies the EU's concern on lack of competition. |
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Darren Frequent Visitor
Joined: 11/07/2002 14:36:40 Posts: 23848 Location: Hampshire, UK
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Posted: Tue Apr 15, 2008 7:53 am Post subject: |
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It's still forging ahead but has to await the outcome of an EU Objection. This is not expected to stop the purchase, merely delay it as reported here.
Nokia's bid for Navteq is also being investigate. _________________ Darren Griffin |
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Andy_P Pocket GPS Moderator
Joined: Jun 04, 2005 Posts: 19991 Location: West and Southwest London
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Posted: Fri Apr 18, 2008 12:43 pm Post subject: |
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I just found THIS ROUND-UP of conflicting news stories. |
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Darren Frequent Visitor
Joined: 11/07/2002 14:36:40 Posts: 23848 Location: Hampshire, UK
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Posted: Fri Apr 18, 2008 12:46 pm Post subject: |
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Clear as mud then! Just what you'd expect once the European Commission gets involved. _________________ Darren Griffin |
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LesP2008 Lifetime Member
Joined: Apr 05, 2006 Posts: 524 Location: Herts
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Posted: Fri Apr 18, 2008 12:57 pm Post subject: |
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The EU Comission and TomTom
Oh god, it doesn't make good reading. |
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