The Map Room: Garmin to Tele Atlas: Never Mind

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Garmin to Tele Atlas: Never Mind

Garmin has withdrawn its $3.3-billion bid for Tele Atlas, leaving TomTom free to nab the company. Instead, Garmin has struck a deal with Navteq, their current map data supplier, to guarantee access to that data through 2015. Via Engadget.

Update: TomTom’s new bid is valued at $4.2 billion (€2.9 billion). Via Engadget.

Posted on Friday, November 16, 2007 at 12:29 PM
Categories: Industry News

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