|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||9.72 - 10.49|
|52 Week Range||6.98 - 11.81|
|Beta (5Y Monthly)||1.44|
|PE Ratio (TTM)||1.41|
|Earnings Date||Feb 05, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||May 23, 2019|
|1y Target Est||8.40|
AMSTERDAM, The Netherlands, Jan. 16, 2020 -- TomTom (TOM2), the location technology specialist, has been chosen by Subaru to be the maps and navigation supplier for its all-new.
Location technology specialist, TomTom (TOM2), today announced that its easy-to-use connected navigation has been chosen to feature in the new Alfa Romeo GIULIA MY20 compact saloon and the Alfa Romeo STELVIO MY20 SUV as part of a global deal, which includes China and Japan. GIULIA and STELVIO drivers will enjoy turn-by-turn navigation, automatic zooming and advanced lane guidance – all enhancing the user experience. In addition, TomTom will provide advanced driver assistance attributes as part of the map content to support GIULIA and STELVIO applications.
SILICON VALLEY, Calif., Jan. 07, 2020 -- Hitachi Automotive Systems Americas, Inc. and TomTom (TOM2), the location technology specialist, today announced that they are.
LAS VEGAS, Jan. 02, 2020 -- CES -- TomTom (TOM2), Bosch and Daimler have announced their joint work on Daimler’s Predictive Powertrain Control (PPC), an advanced driver.
Location technology specialist, TomTom (TOM2), and the University of Amsterdam (UvA), today announced the launch of a new public-private research lab. Atlas Lab will focus on using Artificial Intelligence (AI) for developing advanced, highly accurate and safe high definition (HD) maps for self-driving vehicles. The lab is part of ICAI, the national Innovation Centre for AI, based in the Amsterdam Science Park.
ITS World Congress, Singapore, October 17, 2019 TomTom (TOM2), the location technology specialist, today announced that the second generation of its tool for reporting road closures, works and events, is now available. The TomTom Road Event Reporter is an easy-to-use web-based application that allows road authorities and trusted TomTom partners to help drivers avoid unnecessary delay and frustration by reporting current and upcoming road events. Ralf-Peter Schäfer, VP Traffic and Travel Information, TomTom, comments: “Government agencies, automotive and logistics customers, as well as drivers in general rely on TomTom’s real-time traffic information to keep moving, so capturing as much information as possible on road closures and other events is absolutely critical for us.
ITS World Congress, Singapore, October 17, 2019 Location technology specialist, TomTom (TOM2), today announced an agreement with ChargeHub, a leading aggregator and digital platform for public electrical vehicle charging stations (EVS). ChargeHub will provide TomTom with access to one of the largest databases of public charging stations in North America, bringing the total global number of charging stations integrated with TomTom’s maps to more than 300,000*.
ITS World Congress, Singapore, October 17, 2019 Location technology specialist, TomTom (TOM2), and Sumitomo Electric Industries, Ltd. today announced a collaboration utilizing Sumitomo Electric’s expertise in intelligent transport systems and TomTom’s highly accurate real-time traffic data and high definition maps. Working together, the companies will create mobility solutions designed to improve road safety and traffic congestion. Koichi Washimi, General Manager of the Systems & Electronics Division, Sumitomo Electric, said: “Mobility is undergoing a major change, more so now than ever before – with innovative technologies and business models being born one after another.
SAN FRANCISCO, Oct. 02, 2019 -- TechCrunch Disrupt, TomTom , the location technology specialist, today announced the launch of TomTom Map Styler. This new tool provides a.
TechCrunch Disrupt -- In an onstage presentation at TechCrunch Disrupt SF, one of the world’s leading conferences for tech start-ups, TomTom [TOM2] and Verizon announced a 5G innovation project focused on making intersections safer for emergency vehicles. Each year in the U.S. there are an estimated 6,500 accidents involving ambulances and about 300 police cruiser pursuits that lead to injuries or fatalities.
Moody's Japan K.K. has affirmed Bridgestone Corporation's (Bridgestone) A2 issuer rating. At the same time, Moody's has affirmed the Prime-1 rating on the US commercial paper program issued by Bridgestone's wholly-owned overseas subsidiary, Bridgestone Americas, Inc.
As an investor its worth striving to ensure your overall portfolio beats the market average. But its virtually certain...
TomTom said on Tuesday its deals with carmakers are worth about 1.6 billion euros ($1.76 billion), as the Dutch navigation company aims to accelerate revenue growth and considers a share buyback program. Earlier this year, the Amsterdam-based company said it would focus on growing its digital maps business after it sold its fleet management business to Japan's Bridgestone for 910 million euros. Ahead of an investor day on Tuesday, TomTom said it expected to increase its revenue from location technologies, such as maps, by 10% each year until 2021, aiming to speed up that growth in the years after that.
IAA Frankfurt, Germany, September 6, 2019 TomTom (TOM2) today revealed that its navigation has been integrated with the Microsoft Connected Vehicle Platform. Navigation usage and diagnostics data can be sent from vehicles to Microsoft Azure where the data can be used by automakers to generate data-driven insights to deliver tailored services and to make better informed design and engineering decisions. The location intelligence – which also includes traffic information and HD map services – can also be used in vehicles for navigation apps, as well as context while driving autonomously.
IAA Frankfurt, Germany, September 5, 2019 TomTom (TOM2), the location technology specialist, and HELLA Aglaia, a global supplier of computer vision software to the automotive industry, today announced a collaboration to move towards updating the TomTom High Definition (HD Map) in real time using crowdsourced camera data from vehicles. TomTom’s HD Map is a critical component for safe and comfortable autonomous driving. As part of the collaboration, HELLA Aglaia will use AutoStream – TomTom’s innovative map delivery system – to access the latest TomTom HD Map on demand and will use the HD Map in the vehicle for accurate localization.
IAA Frankfurt, Germany, September 5, 2019 TomTom (TOM2) today announced that the number of Level 1 and Level 2-enabled* vehicles powered by TomTom’s maps for automated.
IAA Frankfurt, Germany, September 5, 2019 TomTom (TOM2), the location technology specialist, today announced details of its latest fully autonomous test vehicle. The highly customized car is designed to test and improve TomTom’s autonomous driving technologies. This includes the industry-leading TomTom High Definition (HD) Map, TomTom Roadagrams, and map streaming service, TomTom AutoStream. Willem Strijbosch, TomTom’s Head of Autonomous Driving, said: “Having our own autonomous vehicle is a critical advantage when it comes to developing the technology required for safe and comfortable autonomous driving.
(Bloomberg) -- Once a household name for its satellite navigation for cars, TomTom NV has taken a backseat in recent years as smartphones, loaded with apps like Google maps, surged in popularity.Now the Dutch digital mapping company is betting that your car needs directions more than you do. Over the past few years, TomTom has been building high-definition or “dynamic” maps for self-driving cars. It’s a decision that could help it challenge tech platforms, like Alphabet Inc.’s Google, as cars are increasingly sold with more autonomous capabilities.“We used to make maps for humans, but now we make maps for robots,” Alain De Taeye, member of TomTom’s management board, said at a journalist briefing in Amsterdam.TomTom’s share price peaked in 2007 at around 100 euros a share. But this summit coincided with the launch of the iPhone. A year later, TomTom reported sales of more than 12 million personal navigation devices, it’s record high. By 2011, it announced a restructuring program that included forced lay-offs to counter lower sales and in 2017, TomTom took a 169 million-euro write down on its consumer unit. It’s share price has since hovered at around 20 euros.TomTom now finds itself with several deep-pocketed rivals battling for the future of car navigation, including Apple Inc., Google and HERE Technologies, the digital mapping company controlled by BMW AG and other German car makers. In a blow for TomTom, longtime partner Renault SA and associates Nissan Motor Co. and Mitsubishi Motors Corp. last year signed on with Google’s Android operating system to supply standard-definition maps.On a quest to claw its way back, TomTom is ditching unwanted business lines, like the Telematics fleet-management business, and doubling down on HD maps. TomTom says it’s been able to differentiate itself from competitors on HD maps by being independent and not having an advertising-based business model like Google’s.In addition to sensors and other features, HD maps are an important part of autonomous driving, which can incorporate different levels of human assistance – from very little to none whatsoever in even the harshest weather conditions.HD maps, stored on a car’s computer system, replicate every lane, guard-rail, road edge and pole that a vehicle sees, helping cars locate their positions within centimeters. Those features are critical to avoid crashing into nearby cars, but they also help the car discern which traffic light at a busy cross-section it should obey or identify a speed sign hidden by a truck.So far, TomTom has publicly announced HD partnerships with Baidu Inc. on its Apollo driverless project, and with Renault on the carmaker’s SYMBIOZ autonomous driving program. It announced in March that it had won multiple deals to provide HD maps to major car makers, but declined to say which ones. Those contracts, which typically last more than 10 years because of ongoing service needs, have so far resulted in a roughly 60% market share in HD maps for TomTom, according to Willem Strijbosch, the company’s head of autonomous driving.“Not every car maker has made their decision yet on who will support them on HD maps,” said Strijbosch. “But out of all the car makers that have made a decision, we see that the big ones – the top 10 – are picking TomTom.”TomTom collects traffic and road data on more than 67 million kilometers around the world using 600 million different devices – including its mobile mapping cars, sat navs, and mobile phones. Of those roads, TomTom has so far covered only 400,000 kilometers in HD. Its HD maps are currently only available on highways in the U.S., Canada, Europe, South Korea and Japan but it is working to add more side roads as the technology advances.The mapping firm doesn’t disclose revenue from HD maps but in July it boosted its full-year guidance, saying it now expects sales from its location technology to grow 17% to 435 million euros, up from 430 million euros forecast in April. That amounts to around two-thirds of the group’s overall expected revenue.“The single biggest risk to the TomTom investment case is costs,” said Wim Gille, head of equity research at ABN AMRO. He said the company still has lots of ground to cover on HD maps compared to its standard definition maps and clients will want reassurance that the company can continue to serve them in a decade from now.While HERE is out-earning TomTom in revenues, Gille said, it’s also spending around 1 billion euros a year in operating expenses, about twice as much as TomTom. Still, he said both companies have what it takes to build and maintain an HD map.“The market is big enough for both of them,” he said.To contact the reporter on this story: Natalia Drozdiak in Brussels at firstname.lastname@example.orgTo contact the editors responsible for this story: Giles Turner at email@example.com, Molly SchuetzFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.