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Tele Atlas is a Netherlands
Netherlands

The Netherlands is a country that is part of the Kingdom of the Netherlands. It is a parliamentary democratic constitutional monarchy. The Netherlands is located in North-West Europe, and bordered by the North Sea to the north and west, Belgium to the south, and Germany to the east....
-based company founded in 1984 which delivers digital map
Map

A map is a visual representation of an area?a symbolic depiction highlighting relationships between elements of that space such as Object , regions, and topic-comment....
s and other dynamic content for navigation
Navigation

Navigation is the process of reading, and controlling the movement of a craft or vehicle from one place to another. It is also the term of art used for the specialized knowledge used by navigators to perform navigation tasks....
 and location-based service
Location-based service

A location-based service is an information and entertainment service, accessible with mobile devices through the mobile network and utilizing the ability to make use of the geographical position of the mobile device....
s, including personal and in-car navigation
Automotive navigation system

An automotive navigation system is a Global Navigation Satellite System designed for use in automobiles. It typically uses a GPS navigation device to acquire position data to locate the user on a road in the unit's map database....
 systems, and provides data used in a wide range of mobile and internet map
Web mapping

Web mapping is the process of designing, implementing, generating and delivering maps on the World Wide Web. While web mapping primarily deals with technological issues, web cartography additionally studies theoretic aspects: the use of web maps, the evaluation and optimization of techniques and workflows, the usability of web map...
 applications. Since 30 July, 2008, the company has been a wholly-owned subsidiary
Subsidiary

A subsidiary, in business matters, is an entity that is controlled by a bigger and more powerful entity. The controlled entity is called a company , corporation, or limited liability company, and the controlling entity is called its parent ....
 of automotive navigation system
Automotive navigation system

An automotive navigation system is a Global Navigation Satellite System designed for use in automobiles. It typically uses a GPS navigation device to acquire position data to locate the user on a road in the unit's map database....
 manufacturer TomTom
TomTom

TomTom NV is a Netherlands manufacturer of automotive navigation systems, including both stand-alone units and software for personal digital assistants, and mobile telephones....
.

company provides maps covering 200 countries around the world, providing mapping data and "Map Enhancement Products" such as points of interest
Point of interest

A point of interest, or POI, is a specific point location that someone may find useful or interesting. An example is a point on the Earth representing the location of the Space Needle, or a point on Mars representing the location of the mountain, Olympus Mons....
 and address points.






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Tele Atlas is a Netherlands
Netherlands

The Netherlands is a country that is part of the Kingdom of the Netherlands. It is a parliamentary democratic constitutional monarchy. The Netherlands is located in North-West Europe, and bordered by the North Sea to the north and west, Belgium to the south, and Germany to the east....
-based company founded in 1984 which delivers digital map
Map

A map is a visual representation of an area?a symbolic depiction highlighting relationships between elements of that space such as Object , regions, and topic-comment....
s and other dynamic content for navigation
Navigation

Navigation is the process of reading, and controlling the movement of a craft or vehicle from one place to another. It is also the term of art used for the specialized knowledge used by navigators to perform navigation tasks....
 and location-based service
Location-based service

A location-based service is an information and entertainment service, accessible with mobile devices through the mobile network and utilizing the ability to make use of the geographical position of the mobile device....
s, including personal and in-car navigation
Automotive navigation system

An automotive navigation system is a Global Navigation Satellite System designed for use in automobiles. It typically uses a GPS navigation device to acquire position data to locate the user on a road in the unit's map database....
 systems, and provides data used in a wide range of mobile and internet map
Web mapping

Web mapping is the process of designing, implementing, generating and delivering maps on the World Wide Web. While web mapping primarily deals with technological issues, web cartography additionally studies theoretic aspects: the use of web maps, the evaluation and optimization of techniques and workflows, the usability of web map...
 applications. Since 30 July, 2008, the company has been a wholly-owned subsidiary
Subsidiary

A subsidiary, in business matters, is an entity that is controlled by a bigger and more powerful entity. The controlled entity is called a company , corporation, or limited liability company, and the controlling entity is called its parent ....
 of automotive navigation system
Automotive navigation system

An automotive navigation system is a Global Navigation Satellite System designed for use in automobiles. It typically uses a GPS navigation device to acquire position data to locate the user on a road in the unit's map database....
 manufacturer TomTom
TomTom

TomTom NV is a Netherlands manufacturer of automotive navigation systems, including both stand-alone units and software for personal digital assistants, and mobile telephones....
.

Operations

The company provides maps covering 200 countries around the world, providing mapping data and "Map Enhancement Products" such as points of interest
Point of interest

A point of interest, or POI, is a specific point location that someone may find useful or interesting. An example is a point on the Earth representing the location of the Space Needle, or a point on Mars representing the location of the mountain, Olympus Mons....
 and address points. Clients of Tele Atlas include makers of automotive navigation system
Automotive navigation system

An automotive navigation system is a Global Navigation Satellite System designed for use in automobiles. It typically uses a GPS navigation device to acquire position data to locate the user on a road in the unit's map database....
s as well as mobile and internet companies which provide mapping services. The firm also supplies data to clients in the public
Public sector

The public sector is the part of economic and administrative life that deals with the delivery of goods and services by and for the government, whether national, regional or local/municipal....
 and private sector
Private sector

In economics, the private sector is that part of the economy which is both run for private profit and is not controlled by the state. By contrast, enterprises that are part of the state are part of the public sector; private, non-profit organizations are regarded as part of the voluntary sector....
s who rely on geographic information.

Google agreement

On 30 June 2008 Tele Atlas announced a five-year agreement to continue to supply data to Google Maps
Google Maps

Google Maps is a free web mapping service application and technology provided by Google that powers many map-based services including the Google Maps website, #Google Ride Finder, Google Transit and embedded maps on third-party websites via the Google Maps Application programming interface....
. Under the new deal, Tele Atlas will now have access to corrections and updates to the data made by the Google Maps community.

TomTom takeover

On 23 July, 2007, a €2 billion
1000000000 (number)

1,000,000,000 is the natural number following 999,999,999 and preceding 1,000,000,001.In scientific notation, it is written as 109....
 offer for the company by navigation system maker TomTom
TomTom

TomTom NV is a Netherlands manufacturer of automotive navigation systems, including both stand-alone units and software for personal digital assistants, and mobile telephones....
 was accepted by the Tele Atlas board. This was then trumped by a €2.3 billion offer from Cayman Islands
Cayman Islands

The Cayman Islands are a British overseas territory located in the western Caribbean Sea, comprising the islands of Grand Cayman, Cayman Brac, and Little Cayman....
-based rival Garmin
Garmin

Garmin Ltd. , incorporated in George Town, Cayman Islands, Cayman Islands, is the parent company of a group of companies founded in 1989 by Gary Burrell and Min Kao , that develops consumer, aviation, and marine technologies for the Global Positioning System....
 on 31 October, 2007, effectively initiating a bidding war for Tele Atlas. TomTom responded by upping their bid to €2.9 billion, an offer which was again approved by the board of Tele Atlas. Garmin had been expected to counterbid once again: with Tele Atlas' main global rival Navteq
NAVTEQ

NAVTEQ is a Chicago, Illinois-based provider of Geographic information systems data and is a dominant company in providing the base electronic navigable maps....
 subject to a takeover bid from Nokia
Nokia

Nokia Corporation is a Finland Multinational corporation communications corporation, headquartered in Keilaniemi, Espoo, a city neighbouring Finland's capital Helsinki....
, the company had stated that it did not wish both companies to fall into the hands of rivals. However, after striking a content agreement with Navteq through the year 2015, Garmin withdrew its takeover offer, clearing the way for TomTom. On December 4, 2007, TomTom shareholders approved the takeover. The European Commissioner for Competition cleared the takeover in May 2008, and it closed in June.

See also

  • NAVTEQ
    NAVTEQ

    NAVTEQ is a Chicago, Illinois-based provider of Geographic information systems data and is a dominant company in providing the base electronic navigable maps....
  • Map database management
    Map database management

    Map database management stems from navigation units becoming more common in automotive vehicles . They serve to perform usual navigation functions, such as finding a route to a desired destination and guiding the driver to it or determining the vehicle?s location and providing information about nearby points of interest....


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