- Business
- TomTom N.V. (AMS:TOM2) develops and sells navigation technology, location-based services, and mapping solutions for automotive, enterprise, and consumer markets worldwide. Founded in 1991 and headquartered in Amsterdam, Netherlands, the company operates primarily through its Location Technology and Consumer segments, serving customers in Europe, the Americas, Asia-Pacific, and other regions with over 3,600 employees. It provides highly accurate maps including TomTom Orbis Maps with features such as immersive 3D lane geometry, 2 million EV charging points, maps for automation, Map Maker, Maps SDK, map display API, and Places API; navigation software and apps comprising personal and professional sat navs, in-dash navigation, automotive navigation applications, navigation SDK, routing APIs, automotive APIs and UI; traffic solutions like real-time traffic information, traffic stats, origin-destination analysis, route monitoring, junction analytics, historical traffic volumes, and traffic APIs; and additional services encompassing road traffic management, location intelligence, electrification, automated driving, safety and regulations, fleet management, logistics, mobility on demand, and public sector solutions. Recent developments include the launch of TomTom Orbis Maps as a next-generation platform built on an industry standard, introduction of an innovative road alert assistant and app, unveiling of a next-generation Automotive Navigation Application, advancement of a product-led strategy with organizational realignment in June 2025, deepened partnership with GeoInt in November 2025 to innovate in African telematics and mobility, multi-year agreement with Hyundai AutoEver in October 2025 for traffic services in European vehicles, selection by NextBillion.ai in June 2025 for Orbis Maps in enterprise solutions, partnership with IFS in May 2025 for location-enhanced planning, and collaboration with Esri in January 2025 for advanced location analytics; the company also initiated a EUR15 million share buyback program in December 2025 and reported third-quarter 2025 results showing automotive growth despite a slight group revenue dip.