Editing Tele Atlas (section)

==Acquisitions==

===Etak===
In May 2000, Tele Atlas acquired [[Etak (automotive navigation systems)|Etak, Inc.]], a United States–based vendor of automotive navigation system equipment, digital maps, and mapping software, from [[Sony]] Corporation, which became Tele Atlas North America. Etak, Inc. ceased to exist as a separate company soon after.<ref>{{Citation
 |title       = Tele Atlas Acquires US-Based Mapping Company ETAK from Sony Corp of America
 |newspaper   = Directions Magazine
 |date        = 2000-04-19
 |url         = http://www.directionsmag.com/pressreleases/tele-atlas-acquires-us-based-mapping-company-etak-from-sony-corp-of-america/97605
 |access-date  = 2013-01-17
 |url-status  = dead
 |archive-url  = https://web.archive.org/web/20160305013553/http://www.directionsmag.com/pressreleases/tele-atlas-acquires-us-based-mapping-company-etak-from-sony-corp-of-america/97605
 |archive-date = 2016-03-05
}}</ref>

===GDT===
On 29 April, 2004, Tele Atlas acquired GDT (Geographic Data Technology, Inc.), a digital map supplier in [[New Hampshire]].<ref>{{Cite web | url=https://proceedings.esri.com/library/userconf/telecom05/papers/tele-atlas.pdf | title=Tele Atlas The living reference in digital mapping | access-date=August 9, 2024 }}</ref>

===TomTom===
On 23 July 2007, a €2 [[1000000000 (number)|billion]] offer for the company by navigation system maker [[TomTom]] was accepted by the Tele Atlas board.<ref>{{cite news
  | last = Kanner
  | first = Joram
  | author2=van de Hoef, Marcel
  | title = TomTom Agrees to Acquire Tele Atlas for EU2 Billion
  | publisher = [[Bloomberg L.P.|Bloomberg]]
  | date = 2007-07-23
  | url = https://www.bloomberg.com/apps/news?pid=20601087&sid=agT1Po33faG4&refer=home
  | access-date = 2007-07-23}}</ref> This was then trumped by a €2.3 billion offer from US-based rival [[Garmin]] on 31 October 2007 initiating a bidding war for Tele Atlas.<ref>{{cite news
  | title = Garmin Trumps TomTom Bid for Tele Atlas
  | publisher = [[Reuters]]
  | date = 2007-10-31
  | url = https://www.cnbc.com/2007/10/31/garmin-trumps-tomtom-bid-for-tele-atlas.html
  | access-date = 2007-10-31}}</ref> TomTom responded by upping their bid to €2.9 billion, an offer which was again approved by the board of Tele Atlas.<ref name="TomTom counter">{{cite news
  | title=Digital mapmaker Tele Atlas endorses €2.9 billion TomTom bid
  | publisher=[[Associated Press]]
  | date=2007-11-08
  | url=http://www.iht.com/articles/ap/2007/11/08/business/EU-FIN-COM-Netherlands-Tele-Atlas.php
  | access-date=2007-11-09}}</ref> Garmin had been expected to counterbid once again: with Tele Atlas' main global rival [[Navteq]] subject to a takeover bid from [[Nokia]], the company had stated that it did not wish both companies to fall into the hands of rivals.<ref name="TomTom counter" /> However, after striking a content agreement with Navteq through the year 2015, Garmin withdrew its takeover offer, clearing the way for TomTom.<ref>{{cite news
 |title       = Garmin Withdraws $3.3B Tele Atlas Bid
 |publisher   = [[Associated Press]]
 |date        = 2007-11-16
 |url         = http://ap.google.com/article/ALeqM5jIIYKygFGCMxkzidJXASRnDHqMdQD8SUR5EO0
 |access-date  = 2007-11-16
 |url-status  = dead
 |archive-url  = https://web.archive.org/web/20071122212335/http://ap.google.com/article/ALeqM5jIIYKygFGCMxkzidJXASRnDHqMdQD8SUR5EO0
 |archive-date = 2007-11-22
}}</ref> On 4 December 2007, TomTom shareholders approved the takeover.<ref name="wsj-tomtomshareholders">{{Cite web |url=https://www.wsj.com/articles/SB119677803171513059?mod=googlenews_wsj |title=TomTom Holders Approve Takeover of Tele Atlas |last=Kloet |first=Steven |date=2007-12-04 |access-date=2007-12-07 |publisher=Wall Street Journal}}</ref> The [[European Commissioner for Competition]] cleared the takeover in May 2008,<ref>{{cite news|url=https://www.bloomberg.com/apps/news?pid=20601085&sid=agxCR2X5oJJ4&refer=europe|title=TomTom Wins EU Antitrust Approval to Buy Tele Atlas|last=Newman|first=Matthew|author2=van de Hoef, Marcel|date=14 May 2008|work=[[Bloomberg L.P.|Bloomberg]]|access-date=2008-06-03}}</ref> and it closed in June.