Skip to main content

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”.

Related Content

  • Fleet management systems in Europe expected to reach 8.9 million by 2019
    November 20, 2015
    According to a new research report from the analyst firm Berg Insight, the number of active fleet management systems deployed in commercial vehicle fleets in Europe was 4.40 million in the fourth quarter of 2014. Growing at a compound annual growth rate (CAGR) of 15.1 percent, this number is expected to reach 8.90 million by 2019.
  • Growth of telematics-based pay as you drive car insurance systems
    July 17, 2012
    Car insurance made cheaper by telematics has returned to news headlines in the UK this year. Will it really take off this time and can vehicle tracking provide an effective tool for enforcing or encouraging insurance compliance? Jon Masters reports Will 2012 go down as the year that telematics-based car insurance took off? In the UK at least, a groundswell of new policies, with premiums priced on the basis of tracked and analysed driving style, suggests a turning point has been reached. Some would argue t
  • Debating a cost-effective means of road user charging
    July 20, 2012
    Does GPS/GNSS-based technology provide a cost-effective means of charging or tolling on a national or international level, or are the issues pertaining to effective enforcement an obstacle. Here, leading equipment manufacturers debate the issue.
  • Rise of smart cities spawns market for smart vehicle technology in the US
    November 15, 2013
    According to recent research by Frost & Sullivan, there is a palpable reorientation of purchasing habits among American citizens as the country continues its march toward urbanism. In the future, 85 percent of the country’s population is anticipated to live in urban areas, while North America could see the emergence of three mega cities, eleven mega regions, and seven smart cities by 2025. One of the biggest gainers of this massive-scale urbanisation is the automotive industry, particularly autonomous drivi