TomTom Telematics acquires Fleetlogic

TomTom’s Telematics business has acquired Fleetlogic, one of the leading fleet management service providers in the Netherlands, which the company says strengthens TomTom Telematics’ position as the market leader in the Netherlands and in Europe. The acquisition includes the companies TripXs and Inalise and adds 27,000 subscriptions to the TomTom Telematics installed base. The total installed base of TomTom Telematics now consists of more than 450,000 vehicles. "The fleet management market in the Net
December 2, 2014 Read time: 1 min
1692 TomTom’s Telematics business has acquired Fleetlogic, one of the leading fleet management service providers in the Netherlands, which the company says strengthens TomTom Telematics’ position as the market leader in the Netherlands and in Europe.  

The acquisition includes the companies TripXs and Inalise and adds 27,000 subscriptions to the TomTom Telematics installed base. The total installed base of TomTom Telematics now consists of more than 450,000 vehicles.

"The fleet management market in the Netherlands is an important and fast growing market in Europe,” said Thomas Schmidt, managing director of TomTom Telematics. “Adding the experience of Fleetlogic in enterprise fleets and government sales, we now address the full potential of this growing market.”
Location Based Systems

For more information on companies in this article

Related Content

  • Capita Acquires ParkingEye
    October 25, 2013
    UK outsourcing company Capita is to acquire ParkingEye, a provider of technology based car parking services, for an enterprise value of U$93 million on a cash free debt free basis. ParkingEye's automatic number plate recognition (ANPR) based management system is used by clients to provide remote enforcement, management information and alerting systems. The technology, which is adaptable across market sectors, is designed to ensure that car parks are used by individuals with a legitimate right to use them
    Read More
  • GTCR acquires video telematics supplier Lytx
    February 22, 2016
    Video telematics provider Lytx is to be acquired by Chicago-based private equity firm GTCR in a deal valued at more than US$500 million that it says will help power the next chapter in its growth as a supplier video telematics and safety services for commercial and public sector transportation. Formed in 1998, Lytx has since developed a range of subscription-based services that help improve the safe fleet driving behaviour for more than 1,400 clients worldwide. Its flagship service offering, the DriveCam
    Read More
  • Automotive telematics and smart energy will lead M2M market growth
    March 22, 2012
    According to ABI Research’s new study, Cellular M2M Connectivity Services, the M2M market has become a fully mainstream segment of the cellular industry. By the end of 2011, most major mobile operators in North America, Europe, and the Asia-Pacific region had established M2M business units to focus their efforts in this fast growing market. ABI Research predicts that the market for cumulative cellular M2M connections will rise from about 110 million connections in 2011 to approximately 365 million connectio
    Read More
  • The cloud - the future of in-car telematics?
    February 28, 2013
    Fiat Chrysler product concept and infotainment director Pierpaolo Tona told the conference that the big car manufacturers need to organise their telematics approach around three key pillars – and the first one of those is people. “OEMs need to understand consumers and their needs better than they understand them themselves,” he commented. The second pillar, suggested Tona, is technology. “Technology is never for the sake of it. Choose the right technology with the right performance to fulfil every consumer’
    Read More

Highlighted Content