TomTom - TeleAtlas Deal Looks More Certain
Reports are coming out that despite EU regulator concerns about the TeleAtlas/TomTom deal, that it is set to go through. Clearly TomTom will need to make some concessions to reduce the concern about the deal negatively affecting the market. With Nokia in a deal to buy NAVTEQ, it appears that the market is going to need assurances about access to data from the two new owners of the world's mapping data.
Either way, TomTom is acting to get their mapping needs in order, and that started in earnest last year when they announced MapShare which crowdsources map fixes. The deal with TeleAtlas only makes it more obvious that they are interested in making map quality a competitive advantage instead of a competitive disadvantage.
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Posted by Scott Martin at March 21, 2008 7:04 AM