TomTom acquires ilocal
Amsterdam, 7 December 2009 – TomTom NV (AEX: TOM2) announces it has acquired ilocal, a business listings company based in Amersfoort, the Netherlands.
ilocal owns a database of categorized and geo referenced business listings in the Netherlands (www.ilocal.nl) and Belgium (www.ilocal.be) and has technologies in place to maintain the quality and freshness of this database. This technology will complement TomTom's existing in-house and third party sourced Points of Interest datasets which in turn will enrich the quality of our navigation content.
ilocal employs 70 people.
No further commercial details of the acquisition are being disclosed.
Contact information TomTom NV
Taco Titulaer
+31 20 7575 194