Skip to main content

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.”

For more information on companies in this article

Related Content

  • Global ITS market expected to reach US$ 30.2 billion by 2019
    October 3, 2013
    According to a new market report published by Transparency Market Research, "Intelligent Transportation System (ITS) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019," the global market for ITS is expected to reach a value of USD 30.2 billion by 2019, at a CAGR of 11.1 per cent from 2013 to 2019. The demand for ITS systems is rising globally due to increased congestion in metropolitan areas. Development and deployment of intelligent transportation system not only r
  • Trakm8 named in London Stock Exchange Group’s ‘1000 Companies to Inspire Britain’ report
    May 19, 2017
    UK telematics and big data specialist Trakm8 has been named one of 1000 Companies to Inspire Britain by the London Stock Exchange Group (LSEG). The report identifies the UK’s fastest-growing and most dynamic small and medium sized businesses (SMEs). To be included in the list, companies needed to show consistent revenue growth over a minimum of three years, significantly outperforming their industry peers. Trakm8 has been listed on the AIM market of the London Stock Exchange since 2005. The company develops
  • Why integrated traffic management needs a cohesive approach
    April 10, 2012
    Traffic control is increasingly being viewed as one essential element of a wider ‘system of systems’ – the smart city. Jason Barnes, Jon Masters and David Crawford report on latest ideas and efforts for making cities ‘smarter’ Virtually every element of the fabric and utilitarian operations that make urban areas tick can now be found somewhere in the mix that is the ‘smart city’ agenda. Ideas have expanded and projects pursued in different directions as the rhetoric on making cities ‘smarter’ has grown. App
  • Research ranks Bosch, Harman, and Continental as leading Tier One connected car vendors
    September 8, 2016
    ABI Research ranks Bosch as the leader among 20 Tier One connected car suppliers considered in its latest competitive analysis. Harman and Continental received second and third place, respectively. Bosch's explosive sales growth last year, significant capital expenditures to fund future development, cadre of strategic partnerships, and commitment to advanced driver assistance systems (ADAS) solutions place it in a strong position to pioneer the continuing evolution of the automotive industry.