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Sure, personal navigation devices maker Garmin(GRMN Quote) lost the $4.2 billion bid for the Dutch mapping data company TeleAtlas to its rival, TomTom.
But it's still not too late for Garmin to aggressively go after some acquisitions to put it ahead of competitors.
Garmin had hoped that a purchase of TeleAtlas could help it improve the map quality it offers to users by offering better local search capabilities, 3D mapping and points of interest such as businesses and landmarks. ...
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