Skip to main content

Targa Telematics Awards TomTom Multiyear Contract

AMSTERDAM, The Netherlands, Nov. 12, 2020 (GLOBE NEWSWIRE) — TomTom (TOM2), the location technology specialist, and Targa Telematics, an IT company boasting 20-years of experience in connected vehicles, today announced a new multiyear agreement. TomTom’s Maps APIs will be used by Targa Telematics to enhance the vehicle management and smart mobility solutions offered to its customers.
TomTom’s Search API, which companies rely on to understand where their fleets are located, will be integrated in Targa Telematics’ wide and advanced telematics, telemetry and smart mobility solution portfolio. TomTom’s Routing API will enable Targa Telematics customers to perform trip analyses and find the best routes.“Leading players in fleet management and smart mobility services, such as Targa Telematics, greatly benefit from TomTom’s range of Maps APIs and dependable customer support,” said Anders Truelsen, Managing Director, TomTom Enterprise. “We are proud that TomTom is rapidly becoming the location technology supplier of choice for the fleet industry.”“Targa Telematics has always been at the forefront in supporting businesses to meet the consistently growing need of a more sustainable and secure approach to mobility. Given this evolving scenario, we want to continue on this path,” commented Giorgia Paladin, Head of Procurement at Targa Telematics. “Through this deal with TomTom, our customers will continue benefiting from innovative solutions with outstanding coverage across Europe.”Targa Telematics has been a pioneer of smart mobility since its foundation. Thanks to its innovative technology, Targa Telematics helps its customers to embrace connectivity, the switch to electric vehicles, and supports the sustainable development of cities. By leveraging its vast knowledge and Internet of Things platform, Targa Telematics continues to develop solutions that meet its clients’ evolving needs.About TomTom:TomTom is the leading independent location technology specialist, shaping mobility with highly accurate maps, navigation software, real-time traffic information and services.To achieve our vision of a safer world, free of congestion and emissions, we create innovative technologies that keep the world moving. By combining our extensive experience with leading business and technology partners, we power connected vehicles, smart mobility and, ultimately, autonomous driving.Headquartered in Amsterdam with offices in 30 countries, TomTom’s technologies are trusted by hundreds of millions of people worldwide.www.tomtom.comFor further Information:Media:
tomtom.pr@tomtom.com
Investor Relations:
ir@tomtom.com
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/2d659126-fb2b-43c0-8540-e74493bd09d0

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.