TomTom and Teleatlas Split Denied

Mon, May 25, 2009

Company News

TomTom and Teleatlas Split Denied

TomTom and Teleatlas have been quick to deny the rumours that TomTom will be selling off TeleAtlas in order to meet loan payments. TomTom took a considerable financial gamble with the acquisition of mapmaker TeleAtlas following a bidding war with Garmin. TeleAtlas confirmed that there had been no discussion on a possible split and that the two companies were stronger as a result of their integration.

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This post was written by:

Jill - who has written 67 posts on TomTom Deals for GPS Reviews and Sat Nav Discount Vouchers.

Jill is a journalist and web editor who has been reviewing GPS systems for over four years now. She not only knows her stuff when it comes to gadgets, but sadly understands the technology behind it all as well...

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