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

  • April 23, 2014
    Q-Free continues to strengthen ATMS business
    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
  • March 8, 2023
    Cambridge Mobile Telematics expands in Europe
    US firm predicts significant growth in European countries for telematics policies
    Read More
  • July 2, 2015
    Siemens acquires UK enforcement provider Zenco Systems
    Intelligent traffic systems supplier Siemens has acquired UK traffic enforcement organisation, Zenco Systems. The announcement underlines Siemens’ commitment to the growing traffic enforcement market and follows a number of successful joint technology projects between the two companies in the UK, including deployments in Manchester and London. Zenco Systems was founded in 2006 to provide local authorities with the ability to use CCTV video evidence to enforce traffic contraventions. Following the first d
    Read More
  • August 26, 2016
    Installed base of fleet management systems in Europe to reach 10.6 million by 2020
    The number of active fleet management systems deployed in commercial vehicle fleets in Europe was 5.3 million in Q4-2015, according to a new research report from the M2M/IoT analyst firm Berg Insight. Growing at a compound annual growth rate (CAGR) of 14.9 percent, this number is expected to reach 10.6 million by 2020. All the top-10 vendors have today more than 100,000 active units in Europe. TomTom’s subscriber base has grown both organically and by acquisitions during the past years and the company ha
    Read More

Highlighted Content