TomTom denies reports it wants to sell PND division

Tuesday 2 July 2013 | 11:38 CET | News
Dutch navigation devices manufacturerTomTom is denying reports it wants to sell its consumer personal navigation device (PND) division, the Financial Times reported. The reports were prompted by an interview of CEO Harold Goddijn by the NRC Handelsblad, who declined to rule out the sale of the division. TomTom said the statement was taken out of context and that it had no plans to sell the PND division". In earlier interviews, Goddijn had been unwilling to discuss divesting what the company has traditionally seen as core businesses, insisting the company could turn its trajectory around in

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Categories: Mobile & Wireless
Companies: Google / Nokia / TomTom
Countries: World
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