TomTom sells Telematics fleet-management business to Bridgestone

Bridgestone will use the service for data on "tire operating conditions."

Jake Holmes Reviews Editor
While studying traditional news journalism in college, Jake realized he was smitten by all things automotive and wound up with an internship at Car and Driver. That led to a career writing news, review and feature stories about all things automotive at Automobile Magazine, most recently at Motor1. When he's not driving, fixing or talking about cars, he's most often found on a bicycle.
Jake Holmes
TomTom Telematics device

Telematics accounted for 18 percent of TomTom's business in 2017.


TomTom, the company perhaps best known for portable GPS navigation devices, has sold its Telematics fleet-management division to Bridgestone. The 910 million euro ($1 billion) sale will give tire manufacturer Bridgestone access to data from 860,000 vehicles, which the company will use to garner, "unprecedented insights into vehicle and tire operating conditions."

Bloomberg reports that TomTom Telematics accounted for about 18 percent of the company's 2017 sales, and that divesting the division will help TomTom fund research and development into future in-car mapping and traffic technologies that could be key to connected and self-driving vehicles.

"We will continue to invest in our innovative map-making system, enabling faster map updates while lowering operational costs, paving the road towards autonomous driving," TomTom CEO Harold Goddijn said in a statement.

TomTom says its Telematics division is the number-one such fleet management service in Europe, with 860,000 vehicles delivering two million data points daily. Bridgestone will apparently use that information to help monitor tire wear and other data, saying that it intends to offer a "tire predictive maintenance service" and other fleet services.

Michelin shines light on worn tire performance and testing

See all photos