Apple’s boss Tim Cook in a recent shakeup at the company’s top added Maps and Siri to the already vast range of responsibilities of SVP Eddy Cue. Apple’s ‘Mr. Fixer’, as he’s been called because of his expertise in Internet software and services, also a member of the Ferrari board, could be looking to make a takeover bid for TomTom, a Dutch vendor of automotive navigation hardware and software and Europe’s leading maker of navigation systems.
TomTom is a major data provider for Apple Maps and bringing the company’s expertise and data sets under Apple’s roof could help accelerate the pluming work needed to fix Apple’s service. Rabobank analyst Hans Slob wrote in a research report today that there’s a 30 percent chance that Apple will seek to acquire TomTom “because the Dutch software maker has the capacity to make speedy changes to correct any mapping errors or create new functions”… Read More














