TomTom Acquires Australian Navigation Company
TomTom announced that it has the acquired 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.
“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,” said Charles Cautley, managing director, TomTom Maps.
TomTom said it will fully integrate the Australian map database into its transaction-based mapmaking platform to enable real-time maps.
No financial details of the transaction will be disclosed.