Garmin takes 5% share in Tele Atlas
TomTom’s biggest competitor, the American navigational systems maker Garmin, has taken a 5% share in Dutch-Belgian digital map-maker Tele Atlas which both companies are fighting to take over.
Garmin announced yesterday that it has made a rival bid of €24.50 for Tele Atlas, exceeding TomTom’s offer of €21.25.
Thank you for donating to DutchNews.nl.
We could not provide the Dutch News service, and keep it free of charge, without the generous support of our readers. Your donations allow us to report on issues you tell us matter, and provide you with a summary of the most important Dutch news each day.
Make a donation