~ TomTom acquires Location Navigation from long term partner Sensis ~
AMSTERDAM — (BUSINESS WIRE) — April 1, 2015 — TomTom (TOM2) today announces the acquisition of Location Navigation including the WhereIs map assets of Australia from Sensis. TomTom will acquire all business activities of Location Navigation including its mapping IP and customer database.
Charles Cautley, Managing Director, TomTom Maps said, “With this acquisition, we further strengthen our global map offering for Automotive and Licensing customers. TomTom will build on Location Navigation’s already high quality, richly attributed maps of Australia to deliver real-time maps that will enable Highly Automated Driving and Internet of Things applications for our customers.”
TomTom will fully integrate the Australian map database into its transaction-based mapmaking platform to enable real-time maps.
No financial details will be disclosed.
About TomTom
TomTom (TOM2) empowers movement. Every day millions of people around the world depend on TomTom to make smarter decisions. We design and develop innovative products that make it easy for people to keep moving towards their goals. Best known for being a global leader in navigation and mapping products, TomTom also creates GPS Sport Watches, as well as state-of-the-art fleet management solutions and industry-leading location-based products.
Our business consists of four customer-facing business units: Consumer, Automotive, Licensing and Telematics.
Founded in 1991 and headquartered in Amsterdam, we have 4,000 employees worldwide and sell our products in over 46 countries.
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