Verizon Telematics acquires Movildata to expand European presence

Verizon Telematics (Verizon) has acquired Spain-based provider of commercial fleet management solutions Movildata as part of a strategy to expand its European footprint. Additionally, Verizon plans to make Fleetmatics’ Reveal platform available to Spanish fleet operators. Molivdata’s employees have joined Verizon’s team and will continue to drive sales and support for its current fleet management products. Luis Enrique Rodrigo, CEO of Movildata, said: "We are proud of what the company has accomplished in
February 1, 2018 Read time: 1 min

Verizon Telematics (Verizon) has acquired Spain-based provider of commercial fleet management solutions Movildata as part of a strategy to expand its European footprint. Additionally, Verizon plans to make Fleetmatics’ Reveal platform available to Spanish fleet operators.

Molivdata’s employees have joined Verizon’s team and will continue to drive sales and support for its current fleet management products.

Luis Enrique Rodrigo, CEO of Movildata, said: "We are proud of what the company has accomplished in this market, and we know that with this transaction our success will continue. Verizon Telematics' expansive global reach and robust portfolio of technologies and solutions will allow us to grow the business in Spain and expand our customer service to the next level."

Classification & Data Collection

Related Content

  • Sensys Networks and Econolite partner on wireless vehicle detection
    June 3, 2015
    Sensys Networks and Econolite used their appearance at the ITS America Annual Meeting to stage a ‘shake on it’ photo to celebrate their expanded sales and distribution. As part of the new contract announced last month, Econolite will offer branded versions of the Sensys Networks wireless vehicle detection system, including in-ground vehicle and bicycle detection sensors, software and accessories in select North American markets. “Our wireless sensing platform has become the technology of choice for vehicle
    Read More
  • Kapsch TrafficCom appoints JB Kendrick as senior VP, Sales & Business Development
    September 12, 2017
    Kapsch TrafficCom has appointed JB Kendrick to its North American sales & business development team in the role of senior vice president. JB will provide strategic and operational leadership to the Sales & Business Development, Bid Management & Proposal and Project Estimation teams in order to generate new business and growth for the entire Kapsch solution portfolio in North America. Kendrick joins Kapsch with over 20 years of experience in successfully leading sales, business development and other cust
    Read More
  • IBTTA 2011 Annual Meeting highlights developing trends in tolling
    January 26, 2012
    Alain Estiot, chief meeting organiser of this year's IBTTA Annual Meeting and Exhibition, talks about hot topics for discussion. The IBTTA's 79th Annual Meeting and Exhibition, which takes place this year in Berlin in September, will once again take many of the developing trends from around the world and look at their effects on the tolling sector. Host organisation Toll Collect's Alain Estiot, chief meeting organiser, says that the event has to be viewed against a backdrop of major global change.
    Read More
  • Bosch to acquire 5% indirect ownership stake in Here Technologies
    January 8, 2018
    Bosch is acquiring a 5% ownership stake from Here Technologies’ (Here) indirect shareholders Audi AG, BMW Group and Daimler AG to help boost its services business. The deal also assists Here in its goal of becoming a global provider of data-based real-time location services to clients within and outside of the automotive industry. It is expected to be concluded by the end of the first quarter of 2018. Both parties have agreed not to disclose the purchase price of the acquisition which is still subject to a
    Read More

Highlighted Content