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Garmin GPS Devices and Competition
posted by Satri
on Monday July 31, @10:09AM
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from the brace-for-the-flood-of-gps-gadgets dept.
from the brace-for-the-flood-of-gps-gadgets dept.
All Points Blog links to an AP article which analyse Garmin GPS devices and their competition worlwide. From the article: "Research firm Strategy Analytics estimates that the number of GPS devices sold worldwide — including personal navigation units and applications built into cell phones and hand-held computers — will grow from 18 million last year to 88 million in 2010. [...] Looking ahead, Garmin officials see the next big challenge isn’t new competitors but breaking more into the European market, where it has a little more than 10 percent share."
Related Stories
Application Domains: Video Tutorial on Making Custom Garmin Maps 1 comment
[+]
GPS Tracklog links to a video tutorial on making your own custom maps compatible with Garmin GPSr devices. This type of information is highly useful for any Garmin owner (such as myself!) wanting maps beyond the Garmin Mapsource products.
There is also a link provided to the original Groundspeak forum thread listing tools used, as well as a link to a second video tutorial.
There is also a link provided to the original Groundspeak forum thread listing tools used, as well as a link to a second video tutorial.
GPS Everywhere - Recent GPS Related Stories
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In the never ending task of providing the best aggregated news to our users, here's several GPS-related stories, catching up from the last two weeks. First, APB links to a story telling us Garmin now sells more GPS worldwide than TomTom, the same blog also discuss the number of personal navigation devices, up to 45 models, and links to a few generic articles on GPS. The Free Geography Tools talks about Prune, an open source Java-based GPS track visualization and photo geotagging tool. And finally, The Map Room links to an article on the sad state of GPS loggers for Macs.
Application Domains: TomTom and Garmin in Tele Atlas Bidding War 2 comments
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It looks like the TomTom buyout of Tele Atlas isn't a done deal. Bloomberg is reporting Garmin will make an offer for Tele Atlas just before TomTom's offer expires. From the article,
"A bidding war has started," said Jesper Kruger, who helps manage about $64 billion at ATP in Copenhagen. "TomTom needs this asset, so they will have to increase their offer by at least 20 percent."
Watching competitors TomTom and Garmin fight this out will be interesting. It could get even more interesting if others jump into to this bidding war as well. Navteq and Tele Atlas were really the only viable world players for that kind of data and with Navteq getting bought by Nokia, TeleAtlas is a unique opportunity. Update: 10/31 17:17 GMT by S : Here's the associated press release from Garmin.
"A bidding war has started," said Jesper Kruger, who helps manage about $64 billion at ATP in Copenhagen. "TomTom needs this asset, so they will have to increase their offer by at least 20 percent."
Watching competitors TomTom and Garmin fight this out will be interesting. It could get even more interesting if others jump into to this bidding war as well. Navteq and Tele Atlas were really the only viable world players for that kind of data and with Navteq getting bought by Nokia, TeleAtlas is a unique opportunity. Update: 10/31 17:17 GMT by S : Here's the associated press release from Garmin.
Industry: NAVTEQ and Garmin Agreement & Garmin Withdraws from the Tele Atlas Bid 1 comment
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A few geoblogs highlighted Garmin's withdrawal from the Tele Atlas acquisition bid and the long term agreement between Garmin and NAVTEQ (owned by Nokia).
The Map Room links to a short Engaget story and APB to an article on the withdrawal.
All Points Blog provides a few additional links on the settlement of Garmin with TomTom regarding intellectual property cases.
The agreement's introduction: "NAVTEQ (NYSE: NVT), a leading global provider of digital maps for vehicle navigation and location-based solutions and Garmin Ltd. (Nasdaq: GRMN), today announced the completion of a long-term agreement that provides Garmin access to NAVTEQ map data through 2015 with an option to continue through 2019." See also related stories below.
Industry: Nokia To Buy NAVTEQ
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In case the news hasn't reached you guys yet, Nokia is in talks to purchase NAVTEQ. I heard it from a 3rd party source, but it seems like it's shaking things up a bit (for them at least). A quick google search reveals some news activity today about it: read more on Bloomberg
and
Trading Markets. Update: 10/01 20:03 GMT by S : APB discuss the impact of the deal on Garmin. Slashdot discuss the acquisition. Expect more analysis from various medias in the coming days.
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