TomTom to acquire DAMS Tracking in France

Amsterdam, 29 April 2014
TomTom has signed an agreement with Diffusion Artistique et Musicale SAS ("DAMS") to take over DAMS Tracking, the fleet management business of DAMS in France. The transaction is expected to be completed in the coming month and will add 27,000 subscriptions to TomTom Telematics’ installed base.

France is the largest addressable telematics market in Europe*, with about 6 million commercial vehicles in use (Light Commercial Vehicles, Trucks and Buses). By combining the strength of existing TomTom Telematics activities with DAMS Tracking, TomTom takes a leading position in this market.

No further financial details of the transaction are disclosed.


*Source: Berg Insight latest report #8 2013 “Fleet Management in Europe”

Press contact

Annika Schaich

Send email⁠

Archive

2024 / 2023 / 2022 / 2021 / 2020 / 2019 / 2018 / 2017 / 2016 / 2015 / 2014 / 2013 / 2012 / 2011 / 2010 / 2009 / 2008 / 2007 / 2006 / 2005

RSS Feed

Download recent Webfleet press releases in XML format

RSS Feed⁠

Your consent is required

In this section, external content is being embedded from .

To display the content, your consent is required for the following cookie categories:

  • Targeted Advertising
  • Analytics & Person­al­iz­ation
  • Essential

For further details, please refer to our privacy policy. If you are interested in how ###vendor_name### processes your data, please visit their privacy policy.