14 May 2008

EU - Commission clears TomTom's proposed acquisition of digital map provider Tele Atlas

(RAPID)
The European Commission has approved under the EU Merger Regulation the proposed acquisition of Tele Atlas by TomTom, both of the Netherlands. Tele Atlas is a provider of navigable digital maps and TomTom produces portable navigation devices (PNDs - often known as satellite navigation devices or SatNavs).