GPS / Telematics

TAG SEARCH RESULT: Mergers & Acquisitions

1  -  12  of  12

October 30, 2017 - Industry News

Verizon Telematics Expands Offerings

Andrés Irlando, Verizon Telematics CEO, speaks at the 2017 Latitude conference. Photo courtesy of Verizon.

Verizon Telematics has become the largest provider of built-in telematics and mobile applications for commercial vehicles and has moved closer to rebranding its product offerings for its customers, CEO Andrés Irlando told an audience gathered at the annual Latitude conference.

Tags: Telematics, Telogis, Fleetmatics, Verizon, Mergers & Acquisitions, Fleet Events

June 14, 2017 - Industry News

Michelin Moves into Telematics with NexTraq Acquisition

Michelin's acquisition of NexTraq will enhance the company's solutions for driver safety, fuel management and enhancing fleet productivity. Photo: Michelin

Michelin has announced its pending acquisition of NexTraq, an Atlanta-based provider of commercial fleet communications systems.

Tags: Michelin, FleetCor Technologies, NexTraq, Mergers & Acquisitions

November 8, 2016 - Industry News

How Will Verizon Integrate Acquisitions?

Logos courtesy of Verizon and Fleetmatics.

With regulatory approvals now in the rear-view mirror, Verizon must now decide whether to merge its three telematics companies as separate business units or merge them into Verizon Telematics.

Tags: Telogis, Fleetmatics, Mergers & Acquisitions, Verizon

November 7, 2016 - Industry News

Verizon-Fleetmatics Deal Finalized

Logos via Verizon and Fleetmatics.

Verizon Communications has completed its $2.4 billion acquisition of Fleetmatics Group to become the largest provider of telematics systems for commercial fleets, the company has announced.

Tags: Fleetmatics, Mergers & Acquisitions, Verizon, Telogis

August 12, 2016 - Industry News

Sierra Wireless Acquires Calif. Telematics Provider

Canadian telecommunications equipment maker Sierra Wireless has acquired fleet telematics provider GenX Mobile Inc. in a cash deal for $7.8 million, the company has announced.

Tags: Mergers & Acquisitions

August 2, 2016 - Industry News

Verizon-Fleetmatics Deal Makes Telematics Giant

Logos via Verizon and Fleetmatics.

Verizon will control about 25% of the telematics market following its planned acquisitions of Fleetmatics and Telogis in moves that indicate steady growth ahead for fleet telematics use, a market expert said.

Tags: Verizon, Fleetmatics, Mergers & Acquisitions

August 1, 2016 - Industry News

Verizon to Acquire Fleetmatics

Logos courtesy of Fleetmatics and Verizon.

Verizon Communications will acquire leading telematics provider Fleetmatics Group for $2.4 billion in a cash deal that will create a powerhouse telematics provider.

Tags: Fleetmatics, Mergers & Acquisitions, Verizon

June 23, 2016 - Industry News

Verizon-Telogis Deal Creates Top Telematics Unit

Verizon's acquisition of Telogis would create the second-largest telematics company in the U.S. in a deal that brings together complementary businesses, a leading telematics consultant said.

Tags: Telogis, Verizon, LeasePlan, Mergers & Acquisitions

June 22, 2016 - Industry News

Verizon Acquires Telogis

Photo courtesy of Telogis.

Verizon has acquired California-based Telogis to expand its market share in the growing telematics industry, the telecom giant announced.

Tags: Verizon, Telogis, Mergers & Acquisitions

February 18, 2016 - Industry News

Lytx Acquired By Private Equity Firm

Chicago-based private equity firm GTCR is acquiring video-based telematics supplier Lytx, Inc. for more than $500 million in an all-cash transaction, according to a release.

Tags: Mergers & Acquisitions, LYTX, Private Equity

January 5, 2012 - Press Release

Trimble Appoints PeopleNet Founder and CEO to Lead Transportation and Logistics Division

SUNNYVALE, CA - Trimble announced the appointment of PeopleNet founder and CEO Ron Konezny as general manager of Trimble's worldwide Transportation and Logistics (T&L) Division.

Tags: Trimble, Appointments, Mergers & Acquisitions

November 7, 2011 - Press Release

Telogis Acquires Insurance Telematics and Fleet Management Business from UTC Fire & Security

ALISO VIEJO, CA - The acquisition expands Telogis' presence in the insurance market through the addition of Onboard Advisor, a safety-driven insurance service focusing on loss prevention and risk reduction

Tags: Telogis, Insurance Telematics, Mergers & Acquisitions

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