The acquisition strengthens the position of TomTom Telematics as the leading and fastest-growing fleet management and telematics service provider in Europe.
“Poland is one of the fastest growing telematics markets in Europe,” said Thomas Schmidt, Managing Director TomTom Telematics. “By combining the strength of existing TomTom Telematics activities with Finder S.A., we directly address a large and growing telematics market with high potential whilst establishing a leading position in Eastern Europe.”
This acquisition adds more than 60,000 subscriptions to the TomTom Telematics installed base. The total installed base of TomTom Telematics has now passed the 600,000 vehicles landmark.
No further details of the acquisition are disclosed.
About TomTom
At TomTom (TOM2) our mission is to make technology so easy to use, that everyone can benefit from it.
We created easy to use navigation devices, helping millions of people to get where they want to be. Today, we continue to simplify the complex, making technology more accessible for everyone.
We have four customer facing business units: Consumer, Telematics, Automotive and Licensing.
We make easy to use navigation devices, sport watches and action cameras for consumers. We enable businesses with vehicles to more easily manage and improve fleet efficiency whilst increasing overall business performance with our Telematics solutions. We also offer a world leading real-time map platform that is powering innovative location based services and helping to make automated driving a reality for the automotive industry.
Founded in 1991 and headquartered in Amsterdam, we have over 4,400 employees worldwide and sell our products in 48 countries.
About TomTom Telematics
TomTom Telematics is a Business Unit of TomTom dedicated to fleet management, vehicle telematics and connected car services. Our WEBFLEET platform is a Software-as-a-Service solution, used by small to large businesses to improve vehicle performance, save fuel, support drivers and increase overall fleet efficiency. In addition, TomTom Telematics provides services for the insurance, rental and leasing industries, car importers and companies that address businesses as well as consumers.
TomTom Telematics is one of the world’s leading telematics solution providers with more than 600,000 subscriptions worldwide. The company services drivers in more than 60 countries, giving them the industry’s strongest local support network and widest range of sector-specific third party applications and integrations. More than 40,000 customers benefit every day from the high standards of security, quality and availability of our ISO 27001:2013 certified service, re-audited in June 2015.
For further information, please visit tomtom.com/telematics
Follow us on Twitter @TomTomWEBFLEET
Contacts
TomTom
Corporate Communications
Sebastian Mathews, +31 (0)6 252 991 52
[email protected]
or
Investor Relations:
Bisera Grubesic, +31 (0)20 757 5194
[email protected]
