Nokia

November 26, 2007

TomTom Gains with Tele Atlas; Garmin Signs with Navteq

Thwarted in its latter-day attempt to buy digital mapmaker Tele Atlas out from under TomTom, GPS manufacturer Garmin International has signed a long-term deal with rival map provider Navteq.

Under the agreement announced November 16, Garmin will extend its current six-year agreement with Chicago, Illinois–based NAVTEQ to access to map data through 2015 with an option to continue through 2019.

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By glen
October 6, 2007

Cornering the Market on Navigable Maps? Nokia/NAVTEQ, TomTom/Tele Atlas Deals

The stunning sequence of multi-billion-dollar buyout offers for the two leading navigable map data providers TeleAtlas and NAVTEQ — by TomTom and Nokia, respectively — raises issues not only of access to critical intellectual property (IP) and a long-delayed explosion of location-based services (LBS) but may also determine the outcome of the long-debated platform of choice for GNSS-enriched consumer applications.

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By glen