Friday, 23 February 2018

Verizon agrees $2.4bn deal for Fleetmatics

By Nick Wood, Total Telecom
Monday 01 August 16

U.S. telco buys another fleet management firm just days after completing Telogis acquisition.

Verizon on Monday bought another fleet management firm, Fleetmatics, for US$2.4 billion (€2.15 billion). Headquartered in Dublin, Fleetmatics provides GPS-based fleet management systems to SMEs. At the end of the first quarter, the company served 37…

Verizon on Monday bought another fleet management firm, Fleetmatics, for US$2.4 billion (€2.15 billion). Headquartered in Dublin, Fleetmatics provides GPS-based fleet management systems to SMEs. At the end of the first quarter, the company served 37…

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