TomTom / Tele Atlas a done deal, Nokia / NAVTEQ moving in that direction

Coincidence is a funny beast, is it not? On the very same day, releases have been put out touching on both of the major navigation deals that have long since been pending. To kick things off, we've got TomTom and Tele Atlas in quite the celebratory mood, as TomTom intends for Tele Atlas' listing on Euronext Amsterdam and on the Frankfurt Stock Exchange "to be terminated as soon as legally possible." Can't blame a brother for wanting what's his, right? Moving on, we're hearing that Nokia will receive clearance from EU regulators "to buy digital map supplier NAVTEQ, as no formal charges are to be levied against the deal." It's also noted that the time for sending a statement of objections has passed, so from the outside looking in, it seems the two can at least move forward with their plans.

[Via Washington Post]

Read - TomTom / Tele Atlas deal
Read - Nokia / NAVTEQ deal

[bohsocks @ Jun 5th 2008 9:45AM]

Am I the only one who is disturbed by the logo of a pair of hands fondling a woman riding a goose? And by disturbed I mean aroused.....

I'm not hearing a no....

[kuthippie @ Jun 5th 2008 10:36AM]

good luck garmin...

[Howard @ Jun 5th 2008 11:25AM]

Wouldn't this be like Dell or HP buying Microsoft? There seems to be a lot of room for abuse here.

[Gristle @ Jun 5th 2008 5:03PM]

If Dell or Hp picked up Microsoft, that would make them comparable to Apple.

[The Man who hate apples @ Jun 14th 2008 9:12AM]

Grisle
Your kidding right?
You have to, why would anyone want to pay the overpriced Profits to Apple stock owners? Apple only exist in Graphic arts and schools settings.
Grow up and buy a PC.

Bob

[peter @ Aug 8th 2008 5:16PM]

I got my Tomtom at www.consumerdepot.com they had it for a great price, so i figured i would try it...i love it.