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

  • Traffic Technology Services expands to Europe
    November 19, 2015
    US-based Traffic Technology Services (TTS) is expanding into Europe, with the creation of a subsidiary, TTS Europe, to expand the company in connected vehicle application data content. The new company will be based in Munich, headed by Dr Frank Offermann as CEO and will officially open in 2016. TTS is the developer of the Personal Signal Assistant product portfolio, used by OEMs and Tier 1s in various connected vehicle applications from engine management to recommended speeds for eco-driving. TTS is now
    Read More
  • Commercial vehicle telematics market ‘to reach US$11.2 billion in 2014’
    January 20, 2014
    A new report from business information specialist Visiongain has assessed that the value of the global commercial vehicle telematics market will reach US$11.2 billion in 2014. Growth in this market is mainly driven by three factors. Firstly, increasing fuel prices accompanied by strong price competition in logistics create downward pressure on the profit margins of transportation companies and fleet operators and drive them to adopt telematics to sustain profitability and gain competitive advantage. S
    Read More
  • Here to acquire ATS to power software updates for connected and AVs
    November 30, 2017
    Here Technologies (HT) has announced plans to acquire German-based ATS Telematics Systems (ATS) which develops over-the-air (OTA) software updating technology for the automotive industry. The transaction aims to leverage the full potential of connected and autonomous vehicles that draw on HD maps to provide a near real-time picture road environments.
    Read More
  • Quest chooses Samsara to boost fleet safety
    April 5, 2024
    AI dash cams and driver coaching tools will incentivise drivers to create safety culture
    Read More

Highlighted Content