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M&A Deal Summary

TomTom Acquires Matt Maps

On January 1, 2008, TomTom acquired information services company Matt Maps for 480M USD

Acquisition Highlights
  • This is TomTom’s 2nd transaction in the Information Services sector.
  • This is TomTom’s 2nd largest (disclosed) transaction.
  • This is TomTom’s 2nd transaction in Belgium.

M&A Deal Summary
Date 2008-01-01
Target Matt Maps
Sector Information Services
Buyer(s) TomTom
Deal Type Add-on Acquisition
Deal Value 480M USD

Target

Matt Maps

Belgium
Matt Maps is a producer of maps.

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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 4 of 11
Sector: Information Services M&A 2 of 2
Type: Add-on Acquisition M&A Deals 4 of 11
Country: Belgium M&A 2 of 2
Year: 2008 M&A 1 of 1
Size (of disclosed) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-07-23 Tele Atlas

Belgium

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

Buy €2.9B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-12-07 ilocal Holding BV

Zwolle, Netherlands

ilocal owns a database of categorized and geo referenced business listings in the Netherlands.

Buy -
Mergr

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