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Pocket GPS World :: View topic - TomTom buys TeleAtlas
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TomTom buys TeleAtlas

 
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tabatha
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Joined: Jul 14, 2005
Posts: 10

PostPosted: Sat Sep 01, 2007 2:28 pm    Post subject: TomTom buys TeleAtlas Reply with quote

GPS device vendor TomTom has agreed a 2bn euros ($2.76bn) deal to acquire digital mapping company Tele Atlas as it seeks to break out of the portable navigation device market and establish a position in a broader navigation market, stretching from automobiles to mobile phones.

TomTom's installed user base of more than 10 million GPS devices will operate as map, and the integration of their feedback into the map production process will constantly correct and update Tele Atlas's map data. "A new map every day for everyone," said TomTom CEO Harold Goddijn. "As soon as change happens in the network, we want to bring this into the map."

While conceding that not all of the user base would feed through corrections, Goddijn said they received 10,000 corrections a month, filed laboriously on its web site. Compared with the 50 surveyors employed by Tele Atlas, it would be a step change to incorporate corrections from users.
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mikealder
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Joined: Jan 14, 2005
Posts: 19638
Location: Blackpool , Lancs

PostPosted: Sat Sep 01, 2007 2:36 pm    Post subject: Reply with quote

Old news I am afraid this was announced quite a while back see Here - Mike
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