COMMISSION GREEN-LIGHTS NEW MERGED NAVIGATION AID COMPANY
May 1st, 2008
BY KEITH NUTHALL
A MAJOR company able to create integrated digital navigation maps and portable navigation devices should be formed, following the approval of a Dutch merger deal by the European Commission. It has green-lighted the acquisition by the Netherlands' device manufacturer Tom Tom of co-patriots Tele Atlas, which makes navigable digital maps covering Europe and north America.
ENDS
A MAJOR company able to create integrated digital navigation maps and portable navigation devices should be formed, following the approval of a Dutch merger deal by the European Commission. It has green-lighted the acquisition by the Netherlands' device manufacturer Tom Tom of co-patriots Tele Atlas, which makes navigable digital maps covering Europe and north America.
ENDS
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