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TAG SEARCH RESULT: Mergers & Acquisitions

1  -  20  of  46

October 30, 2017

Verizon Telematics Expands Offerings

Verizon Telematics has become the largest provider of built-in telematics and mobile applications for commercial vehicles and has moved closer to rebranding its product offerings for its customers, CEO Andrés Irlando told an audience gathered at the annual Latitude conference.

September 5, 2017

U.S. Fleet Upfitting Industry Experiencing Uptick in Consolidation

The fleet industry in the United States is no stranger to acquisitions and mergers as we have witnessed with the decades long consolidation occurring among fleet leasing and management companies, automotive OEMs and their suppliers, and daily rental companies. The same holds true for the upfitting industry, which, in the first eight months of 2017, witnessed an uptick in acquisitions.

August 9, 2017

Intel, Mobileye to Test 100 Fully Autonomous Cars

Intel-owned Mobileye will start building a fleet of 100 fully autonomous vehicles with a Level 4 of autonomy requiring driver interaction only to prevent an accident that the company will test in the U.S., Europe, and Israel, Intel has announced.

August 9, 2017

J.B. Poindexter Acquires Masterack

Masterack LLC, maintains its corporate headquarters in Decatur, Ga., a manufacturing plant in Social Circle, Ga., and five company-owned installation facilities across the United States. It will operate as an independent business unit within JBPCO.

March 13, 2017

Intel to Acquire Self-Driving Tech Firm Mobileye

Intel will acquire Israeli autonomous driving technology provider Mobileye for $15 billion under an agreement announced March 13 that brings the Silicon Valley chipmaker into the emerging autonomous-driving sector.

January 23, 2017

Pep Boys Acquires Just Brakes Repair Chain

Pep Boys has acquired the privately-held Just Brakes chain of repair and maintenance stores in a deal that will increase the chain's network to more than 900 locations.

January 16, 2017

2017 Fleet Management Trends: Telematics

Consolidation among telematics providers in 2016 could create opportunity in 2017 for greater differentiation, increased connectivity, better pricing, and more standardization of features for fleets who add this technology, according to fleet management company experts.

December 7, 2016

WorkWave Expands Telematics Offering with GPS Heroes Acquisition

Field service software provider WorkWave has acquired Hawaii-based GPS Heroes, a GPS and telematics company that serves small and medium-sized businesses.

November 7, 2016

Verizon-Fleetmatics Deal Finalized

Verizon Communications has completed its $2.4 billion acquisition of Fleetmatics Group to become the largest provider of telematics systems for commercial fleets, the company has announced.

September 6, 2016

Navistar, Volkswagen Announce 'Wide Ranging Strategic Alliance'

Volkswagen Truck & Bus is taking a 16.6% equity stake in Navistar International Corp. as part of a “wide-ranging strategic alliance” that will initially focus on providing powertrains for Navistar trucks starting in 2019.

August 2, 2016

Verizon-Fleetmatics Deal Makes Telematics Giant

Verizon will control about 25% of the telematics market following its planned acquisitions of Fleetmatics and Telogis in moves that indicate steady growth ahead for fleet telematics use, a market expert said.

August 1, 2016

Verizon to Acquire Fleetmatics

Verizon Communications will acquire leading telematics provider Fleetmatics Group for $2.4 billion in a cash deal that will create a powerhouse telematics provider.

June 23, 2016

Verizon-Telogis Deal Creates Top Telematics Unit

Verizon's acquisition of Telogis would create the second-largest telematics company in the U.S. in a deal that brings together complementary businesses, a leading telematics consultant said.

June 22, 2016

Verizon Acquires Telogis

Verizon has acquired California-based Telogis to expand its market share in the growing telematics industry, the telecom giant announced.

June 8, 2016

How Car Rental Companies Are Not Like Airlines

The comparison comes up regarding consolidation and its ability to improve pricing — but it’s not apples to apples.

May 18, 2016

Safe Fleet Acquires Rear View Safety

Safe Fleet has acquired Rear View Safety (RVS), which provides back-up camera systems and video-based road safety solutions to fleets. Financial terms of the purchase were not disclosed.

February 18, 2016

Lytx Acquired By Private Equity Firm

Chicago-based private equity firm GTCR is acquiring video-based telematics supplier Lytx, Inc. for more than $500 million in an all-cash transaction, according to a release.

January 19, 2016

Union Leasing Acquires Walser Leasing and Fleet Services

The sale did not include Walser Specialized Services, which provides acquisition services to car rental companies and commercial fleets.

January 4, 2016

Analyzing the Future of Fleet

It’s time to put another year in the books and look forward to 2016. Take some time to analyze current and future trends and how that will impact your fleet operation.

December 31, 2015

Pep Boys Accepts Icahn's Bid Over Bridgestone

Bridgestone ended the bidding war for Pep Boys on Dec. 29, and activist investor Carl Icahn was named the victor in the quest for the Philadelphia-based chain.

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