The acquisition strengthens the company's position in the fleet management and telematics fields in Europe.

“Poland is one of the fastest growing telematics markets in Europe,” commented Thomas Schmidt, managing director, TomTom Telematics. “By combining the strength of existing TomTom Telematics activities with Finder S.A., we directly address a large and growing telematics market with high potential whilst establishing a leading position in Eastern Europe.”

This acquisition adds more than 60,000 subscriptions to the TomTom Telematics installed base. The total installed base of TomTom Telematics has now passed the 600,000 vehicles landmark.

No further details of the acquisition had been disclosed at the time of writing.