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Mergers & Acquisitions

CalAmp Acquires Synovia for $50M

CalAmp has acquired Synovia Solutions from a private investment firm for $50 million as the Irvine, Calif.-based telematics hardware provider continues to expand into subscription services.

Geotab to Acquire BSM Technologies

Geotab has signed an agreement to acquire BSM Technologies. BSM provides telematics to more than 165,000 vehicles in Canada and the United States.

Icahn Completes Acquisition of RPM Automotive

Icahn Automotive Group, which owns and operates leading auto repair and maintenance providers Pep Boys, AAMCO, and Precision Tune Auto Care, has completed its acquisition of RPM Automotive.

Omnitracs Acquires Cloud Software Firm

Omnitracs has acquired cloud-based software provider Blue Dot Solutions and plans to incorporate its platform and products into the Omnitracs One telematics platform.