Tele Atlas and Kalyani establish JV in India

Tele Atlas and Kalyani establish JV in India

After the closing of the transaction, which is subject to the satisfaction of certain usual and customary closing conditions, the company will be renamed Tele Atlas Kalyani India Pvt Ltd.

KNVL provides maps to the consumer application, business-to-business and business-to-government market segments. The company was previously solely owned by Kalyani Group.

The joint venture will significantly strengthen Tele Atlas' operations in India and its direct interaction with customers and other partners in the region.

The JV will give Tele Atlas access to an extensive map of India and to the growing business in map data licensing, GIS and customised mapping projects in India.

Tele Atlas Kalyani India will leverage Tele Atlas' production platform to develop India map and navigable data products with extensive coverage and content. Designed to be fully aligned with Tele Atlas' global map offering and seamlessly integrated in the Asia-Pacific regional data offering, the first products in the standard Tele Atlas specifications are planned to be available in the third quarter of 2008 and will cover all major metropolitan areas and the national and state highway networks of India.

Subsequent database products are planned to include additional urban centres and rich POI content, and an extensive range of enhancement products such as 3D landmarks and detailed city maps.

Following the recent global outsourcing agreement renewal with Tele Atlas, Infotech Enterprises will serve as an active partner of Tele Atlas Kalyani India, providing specialised professional services to produce the India database in Tele Atlas' production environment.

The new agreement between Tele Atlas and KNVL is independent of the global relationship between Tele Atlas and Infotech.


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