TomTom Telematics acquires Polish fleet management service provider

TomTom Telematics has announced the acquisition of Polish fleet management service provider Finder, effective as of the end of December 2015. This acquisition adds more than 60,000 subscriptions to the TomTom Telematics installed base and, says the company, strengthens its position as the major fleet management and telematics service provider in Europe. The total installed base of TomTom Telematics has now passed the 600,000 vehicles landmark. “Poland is one of the fastest growing telematics markets i
January 4, 2016 Read time: 1 min
1692 TomTom Telematics has announced the acquisition of Polish fleet management service provider Finder, effective as of the end of December 2015.

This acquisition adds more than 60,000 subscriptions to the TomTom Telematics installed base and, says the company, strengthens its position as the major fleet management and telematics service provider in Europe. The total installed base of TomTom Telematics has now passed the 600,000 vehicles landmark.

“Poland is one of the fastest growing telematics markets in Europe,” said Thomas Schmidt, Managing Director TomTom Telematics. “By combining the strength of existing TomTom Telematics activities with Finder S.A., we directly address a large and growing telematics market with high potential whilst establishing a leading position in Eastern Europe.”
Location Based Systems

Related Content

  • July 17, 2014
    Q-Free acquires Open Roads Consulting
    Q-Free has signed a Share Purchase Agreement (SPA) for the acquisition of Open Roads Consulting for a cash consideration of approximately US$6.2 million. Further consideration is dependent on future financial performance. The transaction is expected to be closed within the end of the third quarter 2014. The acquisition represents a milestone for Q-Free and is a strategically good match with other advanced traffic management systems (ATMS) and road user charging (RUC) activities within the group. It will
    Read More
  • April 19, 2012
    Greater Manchester signs significant new service contract with Siemens
    Greater Manchester Combined Authority with Transport for Greater Manchester have awarded to Siemens one of the most significant service contracts of its kind for the long-term maintenance of traffic signalling equipment across all ten districts of Greater Manchester. Under Transport for Greater Manchester’s guidance, the service contract is designed to secure substantial energy savings and reduce carbon emissions.
    Read More
  • August 14, 2014
    Q-Free reports increased revenue, major tag order
    Q-Free has been awarded an order for OBU610 tags from Roads and Maritime Services (RMS) in Australia at a value of US$2.4 million, to be delivered within the second quarter of 2015. “Q-Free has supplied more than two million tags to RMS, representing an important basis for our activity in Australia. We are pleased to see the continued strength of this particular relationship and of our competitiveness in the Australian market,” comments Q-Free CEO Thomas Falck. Q-Free also reported increased revenues
    Read More
  • August 20, 2012
    Qualcomm in pole position in ABI Research’s commercial telematics competitive assessment
    Qualcomm Enterprise Services (QES) has been named the leading commercial telematics service provider (TSP) in the latest competitive assessment released by ABI Research. The company’s global reach, dominant market share, and intuitive product range were all fundamental to securing the top spot. Telogis, Trimble, Masternaut, and Xata complete the top five.
    Read More

Highlighted Content