TomTom has announced that it has acquired Finder S.A., a fleet management service provider in Poland. The deal was effective as of the end of December 2015.
“Poland is one of the fastest growing telematics markets in Europe,” said Thomas Schmidt, managing director TomTom Telematics. “By combining the strength of existing TomTom Telematics activities with Finder S.A., we directly address a large and growing telematics market with high potential whilst establishing a leading position in Eastern Europe.”
This acquisition adds more than 60,000 subscriptions to the TomTom Telematics installed base. The total installed base of TomTom Telematics has now passed the 600,000 vehicles landmark, according to the company.
No further details of the acquisition are disclosed.