Add-on Acquisition • Information Services

TomTom Acquires Tele Atlas

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

Acquisition Context
  • 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.

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M&A Deal Summary

Date July 23, 2007
Target Tele Atlas
Sector Information Services
Buyer(s) TomTom
Deal Type Add-on Acquisition
Deal Value 2.9B EUR

Target Company

Tele Atlas

Belgium
Tele Atlas is the world's second-biggest producer of maps.
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Buyer Overview 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 Context for Buyer #
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