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Field service software provider WorkWave has acquired Hawaii-based GPS Heroes, a GPS and telematics company that serves small and medium-sized businesses.
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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.
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In a wide-ranging interview, the leadership of Element Fleet Management provide an update on the integration of the fleet business of GE Capital and offer insight on current industry trends and their vision of the future of fleet.
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Nissan Motor Co. has completed its acquisition of 34% of Mitsubishi Motors, which makes Nissan the largest shareholder, the company has announced.
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Volkswagen Truck & Bus is taking a 16.6% equity stake in Navistar International Corp. as part of a “wide-ranging strategic alliance” that will initially focus on providing powertrains for Navistar trucks starting in 2019.
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Important components to Union Leasing’s strategy to expand its fleet services footprint are two recent acquisitions: Walser Financial Services, which includes the Walser Leasing business unit, and Express 4x4 Truck Rental.
Read More →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.
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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.
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Verizon Communications will acquire leading telematics provider Fleetmatics Group for $2.4 billion in a cash deal that will create a powerhouse telematics provider.
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