Skip to main content

Michelin acquires telematics provider Masternaut

Michelin has bought French telematics provider Masternaut in a bid to speed up the development of its services and solutions business for light vehicles and fleets. Michelin says the acquisition will enable Masternaut to roll out its offering across Europe by taking advantage of Michelin’s geographical coverage. It is also expected to improve product performance and develop data science deployments such as predictive maintenance. Florent Menegaux, managing general partner at Michelin, says: “Mastern
May 23, 2019 Read time: 1 min
7794 Michelin has bought French telematics provider 748 Masternaut in a bid to speed up the development of its services and solutions business for light vehicles and fleets.


Michelin says the acquisition will enable Masternaut to roll out its offering across Europe by taking advantage of Michelin’s geographical coverage. It is also expected to improve product performance and develop data science deployments such as predictive maintenance.

Florent Menegaux, managing general partner at Michelin, says: “Masternaut represents a further step in the expansion of our services and solutions business, especially in Europe and for light vehicle fleets.”

For more information on companies in this article

Related Content

  • Q-Free acquires Open Roads Consulting
    July 17, 2014
    Q-Free has signed a Share Purchase Agreement (SPA) for the acquisition of Open Roads Consulting for a cash consideration of approximately US$6.2 million. Further consideration is dependent on future financial performance. The transaction is expected to be closed within the end of the third quarter 2014. The acquisition represents a milestone for Q-Free and is a strategically good match with other advanced traffic management systems (ATMS) and road user charging (RUC) activities within the group. It will
  • Getting real with fleet management and passenger information
    September 2, 2013
    UK ticketing technology company Parkeon has partnered with information specialist Cloud Amber to develop a new way of using the in-built GPS/GPRS functionality of an electronic ticket machine to improve the scope and accuracy of real time information systems while reducing system cost, complexity and maintenance requirements. Newport Transport is to take advantage of the alliance to become one of the first bus operators in the country to take direct control of its real time information systems, using the t
  • Auckland reduces airport journey times
    April 16, 2018
    Getting from the centre of Auckland to the city’s airport used to be fraught with unwanted stress for passengers – but a new system combining radar, Bluetooth and Wi-Fi is smoothing things over. Andrew Stone investigates. Struggling to cope with steady growth in passenger numbers and the costly traffic congestion which that can entail, New Zealand’s Auckland International Airport has deployed an innovative system that is smoothing traffic and passenger flows. The same system is also offering new, data-led
  • Verizon Telematics acquires Movildata to expand European presence
    February 1, 2018
    Verizon Telematics (Verizon) has acquired Spain-based provider of commercial fleet management solutions Movildata as part of a strategy to expand its European footprint. Additionally, Verizon plans to make Fleetmatics’ Reveal platform available to Spanish fleet operators. Molivdata’s employees have joined Verizon’s team and will continue to drive sales and support for its current fleet management products. Luis Enrique Rodrigo, CEO of Movildata, said: "We are proud of what the company has accomplished in