TomTom

Bridgestone Acquires Digital Fleet Solutions Unit From Netherlands’ TomTom

Bridgestone Corp. (TYO:5108) on April 2 completed its acquisition of digital fleet solutions provider TomTom Telematics, a former business unit of TomTom NV of the Netherlands. The acquisition was effected after Bridgestone subsidiary Bridgestone Europe NV/SA received approval from regulatory authorities and satisfied other procedural requirements. The purchase price was 910 million euros ($1.03 billion). The acquired business operates the...

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Bridgestone to Acquire TomTom’s Digital Fleet Solutions Unit

Bridgestone Corp. (TYO:5108) plans to acquire TomTom Telematics BV, a subsidiary of TomTom NV of the Netherlands. The acquisition is expected to take place during the second quarter of the business year ending December 2019 for a purchase price of 910 million euros ($1.04 billion). TomTom Telematics operates a digital fleet solutions business that provides cloud-based services such as vehicle...

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