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TomTom sells Telematics to Bridgestone for EUR 910 mln

2019-01-22 11:08:00| Telecompaper Headlines

(Telecompaper) TomTom has sold its Telematics division to tire manufacturer Bridgestone for EUR 910 million. Of the total, EUR 750 million will be distributed to shareholders by means of a capital repayment, as well as by share consolidation. The capital repayment will not be subject to Dutch dividend withholding tax. The sale is expected to close by the end of the second quarter, followed by the execution of the capital repayment and share consolidation in the third quarter.

Tags: eur sells tomtom mln

 

TomTom, DENSO collaborate to develop end-to-end autonomous driving system

2019-01-06 12:57:00| Green Car Congress

Tags: system develop driving autonomous

 
 

TomTom reaches mapping milestone: 1.5 billion updates in a single month

2018-08-22 10:56:58| Green Car Congress

Tags: month single updates billion

 

TomTom ditches map updates for some sat-navs

2018-01-29 13:22:31| BBC News | Business | UK Edition

Customers are told their sat-navs, including some bought in recent months, will no longer get updates.

Tags: map updates tomtom ditches

 

TomTom introduces autonomous driving technology; partnerships with Baidu, Qualcomm

2018-01-09 10:56:28| Green Car Congress

Tags: technology driving partnerships introduces

 

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