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

For more information on companies in this article

Related Content

  • Personal tracking to be the next billion dollar GPS market
    March 22, 2012
    GPS personal tracking devices and applications are forecast to grow with a CAGR of 40 per cent, with both markets breaking $1 billion in 2017, new research by ABI Research claims. Senior analyst Patrick Connolly says, “The hardware market remained below 100,000 units in 2011. However, it is forecast to reach 2.5 million units in 2017, with significant growth in elderly, health, and lone worker markets. Dedicated devices can offer significant benefits, with insurance and liability increasingly encouraging th
    Read More
  • Q-Free touts integration of acquired solutions at ITS America
    January 13, 2016
    Q-Free subsidiary Intelight announced today it has named Michael Wieck as its new CEO. Wieck most recently served as CTO of SWARCO Traffic Americas and brings a diverse ITS background that has spanned 20 years.
    Read More
  • Q-Free touts integration of acquired solutions at ITS America
    January 13, 2016
    Q-Free subsidiary Intelight announced today it has named Michael Wieck as its new CEO. Wieck most recently served as CTO of SWARCO Traffic Americas and brings a diverse ITS background that has spanned 20 years.
    Read More
  • Q-Free continues to strengthen ATMS business
    April 23, 2014
    Following its recent acquisition of TDC Systems in the UK, Q-Free is to acquire Slovenian company Traffic Design, an acquisition that reflects a continuation of Q-Free’s strategy to strengthen its business within Advanced Transportation Management Systems (ATMS). Traffic Design was established in 1990 and is the market leader in traffic management, parking systems and tolling in Slovenia. The company has installed traffic management and parking systems nationwide and is the operator of the country’s tol
    Read More

Highlighted Content