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TomTom North America, Inc. company history timeline

1991

The company was founded in 1991 in Amsterdam, and has grown to supply a market that spreads across the whole of Europe and North and Central America.

TomTom N.V. was formed in 1991 as Palmtop Software.

1994

One of Psion Plc's executives, Corrine Vigreux, became Palmtop's third partner in 1994.

1997

Palmtop began releasing programs under its own brand in mid-1997.

2000

TomTom launched a mobile listing service in February 2000.

2000 TomTom navigation software is introduced.

2002

Sales for 2002 were up to nearly EUR 8 million, and the company was profitable, with net income of EUR 1.4 million.

2003

TomTom posted sales of EUR 39 million and net profits of EUR 6 million for 2003.

2004

TomTom unveiled a portable, self-contained auto navigation unit called GO in the spring of 2004.

2004 GO and MOBILE navigation devices is unveiled.

2005

"TomTom IPO Price Set at 17.50 Eur/Share, Raising 125 Mln Eur for Company," AFX International Focus, May 27, 2005.

"Dutch TomTom Not to Be Profitable in USA 2005," Dutch News Digest, July 28, 2005.

2006

"Dutch TomTom Launches New Version of TomTom RIDER," Dutch News Digest, May 15, 2006.

――――――, "TomTom: Sales of GO Range Constrained During 2Q," Dow Jones International News, July 7, 2006.

TomTom was aiming to pass the EUR 1 billion mark in 2006 in spite of supply problems in the second quarter.

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Founded
1983
Company founded
Headquarters
Lebanon, NH
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