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

  • Overture is open to the bigger picture
    June 18, 2024
    Four of the biggest players in the world of mapping have joined forces to create easy-to-use, interoperable open data that will power the next generation of maps. Kevin Borras talks collaborative interoperability with Overture Map Foundation’s Marc Prioleau and TomTom’s Willem Strijbosch
  • ITS in the Nordic states
    April 7, 2021
    Denmark, Norway, Finland and Sweden are quietly embracing advanced traffic technologies.
  • DriveCam funding for strategic acquisition
    March 23, 2012
    To continue funding rapid growth and market expansion, DriveCam has entered into a definitive agreement to raise US$85 million in investment capital from Welsh, Carson, Anderson & Stowe XI, (WCAS), a New York-based private equity firm.
  • Accenture and SNCF deliver passenger focused systems for Italy’s NTV
    April 15, 2013
    Management consulting and technology company Accenture and Rail Solutions, an SNCF subsidiary, have successfully delivered a range of passenger-focused systems for new Italian rail operator, Nuovo Trasporto Viaggiatori (NTV), including an advanced reservation and distribution platform, a revenue management system and a customer relationship management (CRM) system. Having chosen Navitaire Rail’s hosted reservation solution, developed by Accenture subsidiary Navitaire, NTV awarded its implementation to Accen