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TomTom Tries Making Mobile Its Own With HTC Carriage

Oct 20, 2010 10:46 AM

The mainstreaming of GPS on smartphones plus Google (NSDQ: GOOG) and Nokia (NYSE: NOK) offering free navigation on mobiles has posed a considerable challenge to dedicated satnav companies. TomTom announced three percent higher Q3 revenue of €375 million on Wednesday, with CEO Harold Goddijn saying: “We are focused on broadening…

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Industry Moves
Top Nokia Technologist Leaves For TomTom

Jun 25, 2010 3:49 PM

Charles Davies, head of Nokia (NYSE: NOK) R&D’s strategy and architecture team, and former CTO of Symbian is leaving the beleaguered handset maker for TomTom, the Dutch makers of GPS navigation systems for cars, devices, and other platforms, reports The Register. Davies, who has a PhD in plasma physics, came…

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Posted In: Industry Moves, Companies, Nokia, charles davies, tomtom

Earnings
TomTom Decides To Outsource Its Apps

Feb 25, 2009 1:53 PM

TomTom is focusing its mobile strategy on building a platform for developers to use rather than creating its own apps, said CEO Harold Goddijn in the Q4 earnings conference call. “If you look at our business strategy in mobile, I don’t think we should aim to develops tens of small…

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Posted In: Money, Earnings, Technologies / Formats, GPS Navigation & Maps, tomtom

Nokia/Navteq To Get EU Green Light: Report; TomTom/Tele Atlas Complete

Jun 5, 2008 6:27 AM

Some news on a pair of related acquisitions… Nokia’s (NYSE: NOK) $8.1 billion proposed acquisition of Navteq is unlikely to get objection from the EU, reports Reuters. Back in March, there had been some talk that the tie-up would receive heightened scrutiny, but apparently the time has passed for the…

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Posted In: Money, M&A & Venture Capital, Mergers & Acquisitions, Technologies / Formats, GPS Navigation & Maps, Companies, Nokia, navteq, tele atlas, tomtom

TomTom’s Proposed Tele Atlas Purchase Gets EU Clearance

May 14, 2008 6:56 AM

Car navigation device maker TomTom’s proposed 2.9 billion euro ($4.5 billion) purchase of digital- mapping firm Tele Atlas has received the all clear from the EU. Bloomberg reports that the European Commission’s decision concludes a six-month probe, which saw TomTom rejecting EU demands to license Tele Atlas’s database to create…

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Posted In: Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, Nokia, tele atlas, tomtom

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