Bidding war for mapping data providers?
October 31st, 2007
Tags: Navigation, Navteq, Nokia, TeleAtlas, TomTom

Earlier this year, TomTom announed it was going to make an offer for TeleAtlas. A few months later, Nokia announced it was actually making an offer for Navteq. This prompted TomTom to firm up it’s offer for TeleAtlas.
Today, Garmin has joined in and has also made an offer for TeleAtlas, which is an interesting move from Garmin, who have traditionally used Navteq maps worldwide.
There are other rumours flying around about companies wanting to buy TomTom, but nothing is confirmed yet.
Story from PocketGPSWorld.com

November 19th, 2007 at 2:40 pm
[...] to our previous article, at the end of last week, Garmin withdraw it’s bid for TeleAtlas, although not until TomTom [...]