TomTom
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|
| Naamloze Vennootschap | |
| Traded as | Euronext: TOM2 |
| Industry | Consumer electronics, Automotive, Licensing, Telematics |
| Founded | 1991 |
| Founder |
Harold Goddijn Corinne Vigreux Peter-Frans Pauwels Pieter Geelen |
| Headquarters | Amsterdam, Netherlands |
|
Key people
|
Harold Goddijn (CEO), Peter Wakkie (Chairman of the supervisory board), Alain De Taeye (Member of the Management Board) |
| Products | GPS navigation software and devices, digital maps, Sports Watches, Action Cameras |
| Revenue |
 € 950 million (2014)
|
|
€ 21 million (2014)
|
|
| Profit |
€ 22 million (2014)
|
| Total assets |
€ 1.601 billion (2014)
|
| Total equity |
 € 900.60 million (2014)
|
|
Number of employees
|
4,400 (2015) |
| Subsidiaries | Tele Atlas |
| Website | www.tomtom.com |
TomTom NV is a Dutch company that produces traffic, navigation and mapping products. TomTom also makes action cameras, GPS sport watches, fleet management systems, and location-based products. As of 2015[update] TomTom's business has four business units: Consumer, Automotive, Licensing and Telematics through which it sells and licences its technology and products. Founded in 1991 and headquartered in Amsterdam, the company currently has 4,600 employees worldwide and sells products in over 50 countries. TomTom was originally named Palmtop Software, founded by Peter-Frans Pauwels, Pieter Geelen, Harold Goddijn and Corinne Vigreux. TomTom currently has 56 offices in 37 countries.
In 2004 TomTom launched the first PND, creating a new consumer electronics category. TomTom has since sold nearly 80 million PND devices worldwide.
In 2008, TomTom acquired Tele Atlas, a digital map maker, for €2.9 billion.
On 11 June 2012, at an event for Apple's iOS 6 preview, TomTom was announced as the main mapping data provider for Apple's revamped iOS 6 "Maps" app, replacing Google Maps.
In 2013, TomTom entered the GPS Sports Watch market and the following year, in 2014, it launched its Action Camera, The Bandit.
Late 2015, TomTom extended its deal with Apple and signed a new contract with international transportation network company Uber. The Uber driver app now uses TomTom maps and traffic data in 300 cities worldwide.
TomTom currently has 58 offices in 35 countries.
The company was founded in 1991 and, until 1996, developed business-to-business applications such as meter reading and bar-code reading. Subsequently, the company moved its focus to PDA software for the consumer market. Early mapping software included EnRoute, Citymaps and Routeplanner. The first navigation product was released in 2002.
The company released its first navigator product, TomTom Navigator, in 2002, for Windows CE-powered PDAs, bundled with car cradle and GPS receiver. Version 2 of Navigator was released in 2003, followed in March 2004 by TomTom Navigator 3 for Windows CE, with live traffic data available on subscription, downloaded over the phone/PDA's data connection.
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Wikipedia