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Garmin decided not to pursue purchasing Tele ...
Posted by Wilson Rothman at 1:16 AM on November 17, 2007
Garmin decided not to pursue purchasing Tele Atlas, and instead signed a six-year deal with Navteq, agreeing to help Navteq improve its data. For those of you playing along at home: TomTom will likely get Tele Atlas, and Nokia's takeover of Navteq won't affect Garmin's cozy relationship. [Garmin]
Comments (AU Comments · US Comments)
There are currently no AU comments for this post.
ARPRINCE
Posted 10:53 AM 16/11/07
Garmin should have purchased Navteq a long time ago. Management should be fired for incompetence to say the least.
ARPRINCE
Noobs-R-Us
Posted 9:54 AM 16/11/07
Stocks up...I guess they will have to build one from scratch. It would cost less and take about 6 years!
Noobs-R-Us
mirolator
Posted 9:49 AM 16/11/07
Whew....
mirolator
soldstatic
Posted 1:08 AM 18/11/07
what's funny is that garmin drove the bid for tele up so high that tomtom has to buy it and its going to really suck for them.
soldstatic