TomTom Platform to Provide Navigation Data to Daimler Trucks
19 Settembre 2018 - 04:06PM
Dow Jones News
By Adam Clark
TomTom NV (TOM2.AE) said Wednesday that it has won a contract to
supply Daimler AG's (DAI.XE) truck business with navigation data
technology.
The Dutch navigation-technology company didn't disclose any
financial details of the deal, under which its vehicle-integrated
Bridge Hub platform will provide navigational data to Daimler
Trucks drivers.
Shares in TomTom fell over 20% Tuesday on the news that Alphabet
Inc. (GOOG) has partnered with the Renault-Nissan-Mitsubishi
Alliance to provide Google Android operating systems on vehicle
dashboards starting in 2021.
TomTom shares were last down 5.5% at EUR6.07.
Write to Adam Clark at adam.clark@dowjones.com;
@AdamDowJones
(END) Dow Jones Newswires
September 19, 2018 09:51 ET (13:51 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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