The Car and Truck Fleet and Leasing Management Magazine

@Road Enters Into Agreement to Purchase Assets of MobileAria

July 18, 2006

FREMONT, CA—@Road, Inc., a global provider of mobile resource management, has entered into an asset sale and purchase agreement by and between @Road and MobileAria, Inc., a Delaware corporation, pursuant to which @Road will purchase all the assets of MobileAria. Under the terms of the agreement, @Road will pay cash consideration of $11.4 million for the acquired assets and will assume certain liabilities of MobileAria.

Consummation of the sale is subject to court approval and subject to objection by parties in interest. If approved by the court, @Road expects the sale to be consummated by the end of July. 2006. Included among the MobileAria assets to be purchased is a contract to provide mobile resource management services to Verizon Communications.

Twitter Facebook Google+


Please note that comments may be moderated. 
Leave this field empty:

Fleet Incentives

Determine the actual cost of owning and running a vehicle in your fleet. Compare vehicles by class and model.


Fleet Tracking And Telematics

Todd Ewing from Fleetmatics will answer your questions and challenges

View All


Fleet Management And Leasing

Merchants Experts will answer your questions and challenges

View All


Sponsored by

Programs taking various forms in different countries, but generally any offering from fleet management and leasing companies related to services which contribute to reducing the frequency or severity of accidents, improving vehicle operators’ driving habits, identifying problem drivers, or supporting company fleet management in designing or implementing safe driving policies and procedures.

Read more

Up Next

More From The World's Largest Fleet Publisher