TomTom Maps Out Tele Atlas Deal

The acquisition will likely shake up the personal navigation device market, particularly the role of Navteq, Tele Atlas' map data rival

Navigation devices from makers like TomTom and Garmin have become the must-have gadget for many drivers, runners, and others trying to get from point A to B. But those nifty boxes would be little more than dashboard ornaments without the data used to construct the detailed maps that keep users from getting lost.

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