Google and TomTom became partners
Friday, March 25th, 2011
The internet giant Google and TomTom, the owner of TeleAtlas, concluded an agreement under which the application Google Maps (and Google Earth, respectively) will use the map material of TeleAtlas. The Dutch company retains its interests – Google plans to enable users to adjust the maps as they entered included roads and points of interest (POI).
Then it will use the updated TeleAtlas maps in their own navigation equipment. The contract between the partners has a term of 5 years.
It is worth to note that this move will hardly delight Nokia. Finnish company still can not obtain the approval of antitrust authorities for their willingness to buy Navteq.