01 December 2007

EU - Commission opens in-depth investigation into Tom Tom's proposed acquisition of Tele Atlas

(RAPID)
The European Commission has opened a detailed investigation under the EU merger regulation into TomTom's proposed acquisition of Tele Atlas, both of The Netherlands. TomTom produces portable navigation devices (PNDs) and Tele Atlas is one of two producers of navigable digital maps, a crucial input for PND manufacturers.