31.10.2007 19:23 Uhr, Quelle: Engadget

Garmin challenges TomTom with $3.3 billion bid for Tele Atlas

Filed under: GPSMan, it must feel mighty fantastic to be Tele Atlas right about now. Not even a month after TomTom finalized a whopping $2.5 billion offer to take the company over, Garmin -- which currently relies on NAVTEQ maps -- has come out swinging with a staggering $3.3 billion bid of its own. As expected, Tele Atlas is now taking a good hard look at both offers and examining its options, and some analysts are even suggesting that a bidding war could take the fi

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