TomTom ready to buy Tele Atlas
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Dutch car navigation maker TomTom has agreed to aquire Tele Atlas, the second largest (also Dutch based) digital map maker in the world for lets say 2 billion euro (read: $ 2.77 billion).
This makes that TomTom is getting even closer to its source. Without digital maps, no car navigation. By buying Tele Atlas TomTom has the idea that it can react faster to customer feedback.
I am sure we are getting closer to real-time maps, but I hope that in the mean time the static maps will be kept up to date better than they are now. One way driving directions of streets (if changed) sometimes take quite some time to get through.
I am curious whether the same maps will still be delivered to the customers of Tele Atlas. This is not nice to think, but we are in the year 2007 and things have changed. I may be wrong and the will provide exactly the same maps to others and take pride in developing their software. This is their intention:
We will supply all companies wanting to rely on the improved maps for their PNDs, wireless handsets, in-car systems, internet services and in-house routing services.
I am very curious what this future will bring us, concerning TomTom and Tele Atlas.
