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.”

Location Based Systems

Related Content

  • March 13, 2018
    Cubic Transportation Systems extends Opal payment system trial
    Cubic Transportation Systems’ (CTS’) business division and Transport for New South Wales will extend its trial of contactless ticketing across the entire Sydney ferry and light rail network. The project aims to allow users to purchase one-off fares quicker and easier while also allowing them to pay for journeys using American Express and Visa cards. More than 15,000 passengers are estimated to have used their Mastercard to tap on and pay for travel across Sydney harbour since the trial began on the Manly
    Read More
  • March 28, 2018
    UK Police cars to trial hydrogen cars in zero emission project
    Cars from the UK's Metropollitan police are set to be among nearly 200 new hydrogen powered vehicles switching to zero emission miles following an £8.8m ($12.4m) project funded by the Department of Transport (DoT). It is designed with the intention of improving access to hydrogen fuelling stations across the country and increasing the number of hydrogen cars on its roads from this Summer. The scheme is run by a consortium led by Element Energy whose members also include ITM Power, Shell, Toyota and
    Read More
  • March 28, 2014
    Q-Free strengthens ATMS business
    Q-Free has strengthened its position in the market for advanced transportation management systems with the signing of a share purchase agreement for the acquisition of intelligent transportation systems (ITS) supplier TDC Systems for an estimated cash and equity consideration of US$16.6 million dependent on future financial performance. Established in 1998, TDC Systems comprises TDC Systems in the UK and its sister company TDC Systems in Australia, both of which are owned by founder and managing director
    Read More
  • November 16, 2021
    IRD's on-the-go tyre check adjusts for inflation
    As many as 84 million vehicles worldwide may have tyres which are improperly inflated or in poor condition, which has a significant effect on road safety - and also on the environment
    Read More

Highlighted Content