TelliQ acquires part of Swedish GPS tech firm

September 17, 2019 Read time: 1 min

Swedish telematics company TelliQ has acquired part of GPS tech firm Axtech in a move which it says increases its customer base by 20%.

TelliQ will take over the Axtech’s RedKnow Driver Log, which documents vehicle routes, and a fleet management solution called Live Pro Fleet.

Åsa Eklund, CEO of Axtech, says TelliQ’s “product range and industry knowledge in the fields of Internet of Things and connected vehicles will provide our customers with good and modern solutions and products”.

Location Based Systems

Related Content

  • Fleet management systems to reach 7.1 million in Europe by 2018
    October 15, 2014
    According to a new research report from analyst firm Berg Insight, the number of active fleet management systems deployed in commercial vehicle fleets in Europe was 3.65 million in quarter 4 2013. Growing at a compound annual growth rate (CAGR) of 14.2 per cent, this number is expected to reach 7.10 million by 2018. A group of international aftermarket solution providers has emerged as leaders in the European fleet management market. Masternaut reported an active installed base of close to 350,000 units
    Read More
  • GeoSpock captures space and time to deliver database for IoT
    October 6, 2015
    According to Cambridge start-up GeoSpock, the use of geospatial data would improve driving and the scheduling of delivery van journeys would reduce congestion and accidents on high streets and cut fuel use. These are among the geospatial applications to be facilitated by a different type of database developed by the company, which uses knowledge of how the brain stores, manages and retrieves information to offer a database capable of supporting the growing Internet of Things (IoT).
    Read More
  • Fleet management systems in the Americas ‘will exceed 13 million units by 2019’
    November 10, 2015
    According to a new research report from analyst firm Berg Insight, the number of active fleet management systems deployed in commercial vehicle fleets in North America was 4.7 million in the fourth quarter of 2014. Growing at a compound annual growth rate (CAGR) of 15.5 percent, this number is expected to reach 9.7 million by 2019. In Latin America, the number of active fleet management systems is expected to increase from 2.1 million in the fourth quarter of 2014, growing at a CAGR of 14.6 percent to re
    Read More
  • New IBTTA boss defends DEI initiatives: 'I firmly believe our values don’t change'
    January 24, 2025
    Kathryn Clay insists: 'It's not a political costume you put on when it’s convenient'
    Read More

Highlighted Content