NAVTEQ wants to Acquire T-Systems Traffic gmbh image

NAVTEQ, a leading global provider of digital map data for location-based solutions and vehicle navigation, has agreed to acquire T-Systems Traffic GmbH (T-Traffic), a leading provider of traffic services in Germany.
T-Traffic is a provider of traffic services in Germany, with approximately 55 employees, central to European navigation because of its large user base and home to many leading automotive companies. T-Traffic’s traffic services include data from private traffic sources. T-Traffic has been a provider of traffic information in Germany including major PND and automotive customers. T-Traffic specializes in the development of high-quality traffic products and navigation services for the automotive and telecommunications industries.

“T-Traffic capabilities are a natural extension of NAVTEQ’s traffic capabilities and will complement its other technologies,” said Werner Biet, managing director, T-Systems Traffic. “Germany is a key area for NAVTEQ Traffic and we will remain focused on the extraction of cellular network data for use as traffic information.”