TomTom Offers Serious MoneyMoney for Tele Atlas

Making good street maps is a pretty tough gig, which is why TomTom and Garmin are in a bidding war for Tele Atlas, the only major unsold mapmaker left (Navteq was purchased by Nokia for $8.1 billion). TomTom, the leader in navigation equipment, raised the stakes by offering a whopping $4.2 billion. What's great about… » 11/07/07 1:30pm 11/07/07 1:30pm