Tomtom today sealed the $4.3 billion takeover of digital mapmakers Tele Atlas. Tomtom has fought for nearly a year to make this deal happen and in the end has won the bidding war with its U.S rival Garman Ltd.

But the deal is done. Like I said in my blog a few days ago, it had reached a point of being just a matter of time, rather than when or if this will happen.

I believe that this will make Tomtom the strong leader of the pack with the best maps and most up-to-date navigation systems.

If you would like to read more about the deal, click here.

Labels: Tomtom has sealed the $4.3 billion takeover of Tele Atlas