Regulatory Filings • Sep 27, 2018
Regulatory Filings
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Amsterdam, the Netherlands, 27 September 2018 - TomTom (TOM2) today announced that, after several expressions of interest and following a diligent review during the summer, it has decided to explore strategic alternatives for its Telematics business unit, which may result in a sale of the division. Barclays supports the company in this evaluation.
TomTom continues to focus on shaping the future of driving with accurate maps, navigation software and real-time traffic information and services. This includes its innovative map-making system, enabling faster map update cycle times and higher efficiency. TomTom is also leading in providing 3D lane-level high definition (HD) maps for automated driving systems, from driver assistance to autonomous driving.
This document contains inside information as meant in clause 7 of the Market Abuse Regulation. This public announcement does not constitute an offer, or any solicitation of any offer, to buy or subscribe for any securities.
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TomTom is the leading independent location technology specialist, shaping mobility with highly accurate maps, navigation software, real-time traffic information and services.
To achieve our vision of a safer world, free of congestion and emissions, we create innovative technologies that keep the world moving. By combining our extensive experience with leading business and technology partners, we power connected vehicles, smart mobility and, ultimately, autonomous driving.
Headquartered in Amsterdam with offices in 37 countries, TomTom's technologies are trusted by hundreds of millions of people worldwide.
Corporate Communications Sandra van Vreedendaal +31 6 15 83 69 69 [email protected]
TomTom Investor Relations Claudia Janssen +31 20 75 75 194 [email protected]
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