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

  • Directed acquires Alcohol Detection Systems to expand its business
    January 23, 2018
    Security and control telematics company Directed will now maintain Alcohol Detection Systems’ (ADS’) Determintaor product line as part of an acquisition to expand their ignition interlock devices (IIIDs) business. The solution is designed to ensure that the driver must pass a breathalyser test before starting their car.
    Read More
  • Solar studs a cost-effective alternative to street lighting?
    July 30, 2012
    Road traffic accidents have an enormous impact on society in terms of human loss, pain and suffering and a significant cost to the economy, the individual and their families. Accident rates on South Africa's roads are among the highest in the world and cost the country in the region of $163 million each year. The former head of the Department of Transport (DoT), Dr Kwazi Mbanjwa, described the situation as "carnage on our roads", with over 500,000 accidents and 10,000 fatalities per annum and the number of
    Read More
  • Valeo acquires Peiker, expands connectivity offering
    December 23, 2015
    Automotive supplier Valeo is broadening its range of connectivity solutions with the acquisition of German on-board telematics supplier Peiker. Valeo is developing an extensive range of high-technology systems using ultrasonic sensors, radars, cameras, laser scanners, head up displays and software to make the car of the future more intuitive to drive, safer and more efficient. The integration of Peiker into the Valeo group will allow the French based automotive supplier to offer automakers global solutions
    Read More
  • Peer-to-Peer carsharing in Europe projected to grow significantly
    August 24, 2012
    According to Frost & Sullivan, by 2020 more than 200 traditional carsharing organisations (CSOs) and another 24 Peer-to-Peer (P2P) CSOs are expected to take the European market for carsharing to new heights. More than 14 million new members are expected to use carsharing services in Europe by the same year, while three new sub-segments will emerge in the market: electric vehicle carsharing, corporate carsharing and one-way carsharing. While the new segments arise in particular due to continued urbanisation
    Read More

Highlighted Content