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October 25, 2011 02:29 am GMT

TomTom Finally Acknowledges Its Getting Out Of Devices; Shareholders Rejoice

tomtom-go-live-1535m_thumbTime was when a GPS device was the must-have item in any self-respecting gadget-lover's gear bag. But as years wore on and smartphones began to usurp the location functions, they've grown increasingly irrelevant. Sure, they still serve a purpose, but we've been advising companies like Garmin and TomTom for years to do some serious self-evaluation if they expect to be around much longer. TomTom appears to have truly taken this to heart, and are taking the appropriate actions.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/jRVn6tvC9ew/

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