The deal closes after receiving the required approvals from the relevant regulatory authorities, TomTom’s shareholders and a positive response from Bridgestone Europe has completed its acquisition of TomTom Telematics for € 910 m ( $ 1bn ) as part of the new company 's plans to move into fleet - based mobility services . TomTom Telematics will speed up its European growth plans and expand into other telematics markets with the help of Bridgestone 's investments and know - how . It also announced a partnership with the ##tel as part of its fleet based services strategy .
Bridgestone Europe has completed its acquisition of TomTom Telematics for € 910 m ( $ 1bn ) as part of the new company 's plans to move into fleet - based mobility services . TomTom Telematics will speed up its European growth plans and expand into other telematics markets with the help of Bridgestone 's investments and know - how . It also announced a partnership with the ##tel as part of its fleet based services strategy .