Autovision Wireless acquires SFT Telematics

Autovision Wireless, a fleet management company specialising in GPS tracking, anti-idling and fleet management software, has announced the acquisition of the assets of SFT Telematics of Edmonton, Alberta, Canada. SFT offers specialised GPS tracking and fleet management solutions to the oil & gas, transportation, and construction industries among others. The company has been in business since 1998 and provides M2M services to several thousand subscribers in Canada and the USA. The terminals operate over cell
March 22, 2012 Read time: 2 mins
4160 Autovision Wireless, a fleet management company specialising in GPS tracking, anti-idling and fleet management software, has announced the acquisition of the assets of 4161 SFT Telematics of Edmonton, Alberta, Canada. SFT offers specialised GPS tracking and fleet management solutions to the oil & gas, transportation, and construction industries among others. The company has been in business since 1998 and provides M2M services to several thousand subscribers in Canada and the USA. The terminals operate over cellular and satellite networks across North America.

According to Elaine Perri, GM of SFT, the acquisition will provide a wider portfolio of products and services that complement the company’s existing product lines. “Our customers will benefit from the fleet management expertise that AutoVision brings to this acquisition and their depth in software development will enable us to enrich our services.”

All SFT services will continue to be offered and the Smartfleet trademark and brand will also continue.
Location Based Systems

For more information on companies in this article

Related Content

  • Automated fare collection market predicted to almost double by 2021
    June 3, 2016
    According to a new market research report, Automated Fare Collection Market by Application (Rail and Transport, Parking), by Service Type (Consulting, System Implementation), by Technology, by Industry, by Region - Global Forecast to 2021, published by MarketsandMarkets, the global automated fare collection (AFC) market is estimated to grow from US$6.42 billion in 2016 to US$11.95 billion by 2021, at an estimated compound annual growth rate (CAGR) of 13.2 per cent. Automated fare collection applications
    Read More
  • Revealed: the SESAMES Awards 2013 winners in full
    November 18, 2013
    Ten companies are celebrating this morning after the winners of the SESAMES Awards were announced at a gala reception in the Automobile Club de Paris (pictured) last night. The purpose of the 11 awards – the Oscars of the secure payments industry – is to recognise and reward the sector’s best innovations every year.
    Read More
  • Ricardo to acquire international rail business
    April 20, 2015
    International engineering and technology company Ricardo has announced an agreement to acquire the business, operating assets and employees engaged in the businesses of LR Rail, from Lloyd's Register Group. The acquisition will be materially complete on or before 1 July 2015 and the business will operate as the core of a new international rail business within Ricardo and combined with Ricardo's existing rail industry expertise, to be branded Ricardo Rail. Current LR Rail managing director Paul Seller wi
    Read More
  • Tracis acquires Datasys
    May 19, 2014
    A Manchester firm that specialises in software for the transport industry has been acquired by listed Leeds group Tracsis in a cash and shares deal worth US$7.5 million. Datasys, which employs 17 staff, provides rail management software systems, business applications and hosting services for the majority of the UK's train operating companies, such as First Group, Go-Ahead, Stagecoach, National Express, Arriva, and Virgin. Tracsis believes that the products, services and development capabilities of Da
    Read More

Highlighted Content