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M&A Deal Summary

TomTom Acquires MAP Integration Technologies Proprietary

On June 7, 2013, TomTom acquired software company MAP Integration Technologies Proprietary for 38M ZAR

Acquisition Highlights
  • This is TomTom’s 2nd transaction in the Software sector.
  • This is TomTom’s 2nd largest (disclosed) transaction.
  • This is TomTom’s 1st transaction in South Africa.

M&A Deal Summary
Date 2013-06-07
Target MAP Integration Technologies Proprietary
Sector Software
Buyer(s) TomTom
Deal Type Add-on Acquisition
Deal Value 38M ZAR

Target

MAP Integration Technologies Proprietary

Corporate Park, South Africa
MapIT provides navigation data and related mapping services to device suppliers.

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Buyer(S) 1

Buyer

TomTom

Amsterdam, Netherlands
Category Company
Founded 1991
Sector Information Technology
Employees3,600
Revenue 574M EUR (2024)
DESCRIPTION

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

DEAL STATS #
Overall 7 of 11
Sector: Software M&A 2 of 4
Type: Add-on Acquisition M&A Deals 7 of 11
Country: South Africa M&A 1 of 1
Year: 2013 M&A 1 of 2
Size (of disclosed) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-01-01 NewToast B.V

Amsterdam, Netherlands

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-08-01 Gestion Electronica Logistica S.L.

Barcelona, Spain

Buy -
Mergr

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