M&A Deal Summary

TomTom Acquires Tele Atlas

On July 23, 2007, TomTom acquired information services company Tele Atlas for 2.9B EUR

Acquisition Highlights
  • This is TomTom’s 1st transaction in the Information Services sector.
  • This is TomTom’s largest (disclosed) transaction.
  • This is TomTom’s 1st transaction in Belgium.

M&A Deal Summary
Date 2007-07-23
Target Tele Atlas
Sector Information Services
Buyer(s) TomTom
Deal Type Add-on Acquisition
Deal Value 2.9B EUR

Target

Tele Atlas

Belgium
Tele Atlas is the world's second-biggest producer of maps.

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Buyer(S) 1

Buyer

TomTom

Amsterdam, Netherlands

website

Category Company
Founded 1991
Sector Information Technology
Employees4,400
Revenue 536M EUR (2022)
DESCRIPTION

TomTom is an entity which produces navigation and mapping products. TomTom's accurate maps, navigation software, real-time traffic information, and APIs enable smart mobility on a global scale, making the roads safer, the drive is easier, and the air cleaner. TomTom was founded in 1991 and is based in Amsterdam, Netherlands.

DEAL STATS #
Overall 3 of 11
Sector (Information Services) 1 of 2
Type (Add-on Acquisition) 3 of 11
Country (Belgium) 1 of 2
Year (2007) 1 of 1
Size (of disclosed) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-01-11 Applied Generics

Penicuik, United Kingdom

Applied Generics has developed technology that makes it possible to generate real time road traffic information based on the analysis of mobile network usage and cell-switching.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-01-01 Matt Maps

Belgium

Matt Maps is a producer of maps.

Buy $480M
Mergr

Product

Company

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