Telogis acquires Navtrak

Telogis has announced the acquisition of Navtrak, a specialist in mobile resource and fleet management solutions. The company claims this latest acquisition, along with strong organic growth rate, further positions Telogis as the fastest-growing enterprise Software-as-a-Service (SaaS) provider of location-based intelligence solutions.
July 19, 2012 Read time: 1 min
1623 Telogis has announced the acquisition of Navtrak, a specialist in mobile resource and fleet management solutions. The company claims this latest acquisition, along with strong organic growth rate, further positions Telogis as the fastest-growing enterprise Software-as-a-Service (SaaS) provider of location-based intelligence solutions.

This acquisition represents a continuing growth trend for Telogis, which has appeared on the Inc. 5000 list of fastest growing private companies for five consecutive years and has been named to the 1979 Deloitte Technology Fast 500 for four consecutive years. The company forged a partnership in 2011 that made Telogis the exclusive SaaS solution for 278 Ford Motor Company's Crew Chief commercial vehicle telematics system.
Location Based Systems

Related Content

  • June 11, 2019
    Moscow summit urges transit change
    International ITS experts flocked to Russia for a new conference on the challenges of urban transit. Eugene Gerden reports from Moscow The Leaders in Urban Transportation Summit is a new international conference organised by the Moscow Department of Transport and Road Infrastructure Development. Dedicated to the latest developments in the field of ITS in the city of Moscow, it took place in the Moskva-Citi Business Center in April – and the intention is to make it an annual event. Senior transport o
    Read More
  • September 5, 2014
    Major growth predicted for OEM embedded telematics
    According to a new research report by Berg Insight, shipments of OEM embedded telematics systems worldwide are forecasted to grow from 8.4 million units in 2013 at a compound annual growth rate (CAGR) of 30.6 per cent to reach 54.5 million units in 2020. Moreover, Berg Insight forecasts that the number of cars sold worldwide equipped with head-units featuring handset-based telematics capabilities will grow from 7 million in 2013 to 68.5 million in 2020.
    Read More
  • March 23, 2012
    DriveCam funding for strategic acquisition
    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.
    Read More
  • December 7, 2021
    3i buys SRL Traffic Systems
    London-listed investment company 3i has a 92% controlling stake in SRL, based in England.
    Read More

Highlighted Content