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Muddy Waters Whacks TomTomFrank Voisin • Thu, Jun 30, 2011
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Muddy Waters Whacks TomTomFrank Voisin • Thu, Jun 30, 2011
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Asian Tech Stock Weekly Review (September 14-20, 2009)IRG Ltd • Mon, Sep 21, 2009
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- Saturday, May 18, 11:57 AM "There are only four sources of high-quality maps," Google, Waze, Navteq, and TomTom (TMOAF.PK), says Rolfe Winkler, and given Facebook's rumored $1B acquisition of Waze, TomTom may become an attractive takeover target for the likes of Apple (AAPL) and others who, while able to drive a hard bargain on map licensing fees, may prefer to bid for the Netherlands-based company rather than worry that a rival will acquire it. TomTom trades at an EV/EBITDA ratio of just 6x. (From December: Rabobank puts AAPL/TomTom odds at 30%) 32 Comments [Tech, M&A]
- Wednesday, December 12, 2012, 11:43 AM TomTom (TMOAF.PK) is up 6.1% in Amsterdam after a Rabobank analyst claims there's a 30% chance Apple (AAPL) will try to buy the company to help fix Apple Maps - TomTom currently provides mapping/navigation data for the much-criticized app. Navigation services rival Telenav (TNAV +4.7%) appears to be rallying on the news, but PND rival Garmin (GRMN -3.3%) is lower. TomTom CEO Harold Goddjin said in October his company plans to remain independent. 2 Comments [Tech, M&A, On the Move, Quick Ideas]
- Tuesday, June 12, 2012, 4:01 AM Apple (AAPL) signs a global mapping-data agreement with TomTom (TMOAF.PK) for undisclosed terms, one day after ditching Google Maps for its own mapping functionality which features 3D models of cities and turn-by-turn navigation. 9 Comments [Tech]
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