Tele Atlas improvement by TomTom data

26 May 2008

According to Tele Atlas CEO Alain De Taeye at the Reuters Technology, Media and Telecoms Summit in Paris the company will launch a new generation of products featuring maps that carry TomTom's data on driving conditions within 6 months of the acquisition. Shareholders have until May 30 to tender their Tele Atlas shares.

The collected information by TomTom constitutes 1 trillion data points, equivalent to driving every road in Europe and the United States a thousand times, and can improve navigation by choosing a different route depending on time and day.