TomTom Acquires Berlin-based Start-up Autonomos
Tom Tom had made a strategic purchase. With its acquisition of Autonomos, the Dutch manufacturer of navigational devices intends to strengthen its position in the autonomous driving sector.
Tom Tom’s recent acquisition Autonomos specialises in research and development services in automotive software, digital image processing and 3D sensor technology. Founded in 2012, the company is also developing a stereo camera solution capable of real time use in various vehicle assistance systems. Autonomos is currently working with OEMs and Tier 1 suppliers to support highly automated driving functions and test prototypes on the road.
Tom Tom did not reveal any information about the purchase price. Harold Goddijn, CEO and co-founder of TomTom says, the acquisition is an important step forward for TomTom, adding that this deal is intended to cement the company’s position as a pacesetter in autonomous driving. Tinosch Ganjineh, CEO and co-founder of Autonomos, also sees their tie-up favourably, saying the company is glad to have been selected by the world leader in map-based products to bring autonomous driving to the next level. He added TomTom’s technology, combined with Autonomos’ expertise, is a perfect fit for making the dream of self-driving cars a reality.
The Autonomos team is to continue developing TomTom’s map-based products and develop applications for autonomous driving. TomTom is planning to improve its HD Map technology or navigation and localisation products in this way, thereby generating opportunities to develop its electronic driving assistance programmes.