Article this morning regarding Tom Tom Mapping as follows:
“IF YOU were driving before smartphones, there is a good chance you might have had a TomTom in your car giving you vocal directions to your destination.
While the once-revolutionary product might have faded into obscurity, the company has shifted its focus and has announced a game-changing map delivery service that enables vehicles to build a horizon for the road ahead by streaming the latest data from the TomTom cloud.
So essentially the company is helping map the roads for autonomous vehicles in real-time.”
NEA Price at posting:
65.5¢ Sentiment: Buy Disclosure: Held