• Resources
  • Directory
  • Webinars
  • CAD Models
  • Video
  • Blogs
  • Advertise
    1. Markets
    2. Automotive

    Garmin drops TeleAtlas bid; sticks with NAVTEQ map data

    Nov. 20, 2007
    Garmin (www.garmin.com) has withdrawn its $3.3 billion bid for TeleAtlas (www.teleatlas), presumably leaving the way clear for archrival TomTom (www.tomtom.com) to acquire the map data provider.

    Garmin has withdrawn its $3.3 billion bid for TeleAtlas, presumably leaving the way clear for archrival TomTom to acquire the map data provider. Garmin has opted to extend its agreement with NAVTEQ through 2015 with an option to continue through 2019.

    Continue Reading

    Sponsored Recommendations

    Comments

    To join the conversation, and become an exclusive member of Electronic Design, create an account today!