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Cambridge Mobile Telematics Acquires Amodo Cambridge Mobile Telematics has acquired Amodo, a European telematics company.  The acquisition gives Amodo’s customers access to such telematics services driver risk...

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Geotab Reports 200,000 Subscribers in Latin America Telematics giant Geotab has announced that it exceeded 200,000 connected vehicle subscribers in Latin America.  The company said, despite economic...

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Semtech Completes $1.2 Billion Sierra Wireless Acquisition Semtech SMTC 0.63%↑ and Sierra Wireless SWIR 0.00 have announced the completion of Semtech’s acquisition of Sierra Wireless for $1.2 billion in an all-cash...

Trimble To Acquire Transporeon for $1.98 Billion

Combines European product with Trimble’s North American carrier-focused platform In one of the largest fleet management transactions this year, Trimble TRMB -0.91%↓ this week agreed to acquire Germany-based Transporeon for $1.98...

It’s Over: Last 3G Network Closes Dec. 31

It’s the end of an era as Verizon VZ -1.14%↓ will close the last 3G network on Dec. 31.  The 3G networks once allowed millions of passenger cars,...

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Location Business News at CES Location Business News will be onsite at CES in Las Vegas from Jan. 3 to Jan. 7, 2023. Interview requests are filling up....

Weekly Product News

Send your news releases to kdennehy@driverlessreport.com. Go to www.locationbusinessnews.com for more news and an archive of stories. Fugro Signs Agreement With Septentrio, Meinberg for Atomichron Fugro has signed a...

GPS Insight Acquires Certified Tracking Solutions

Private equity firm Hammond Kennedy Whitney (HKW) has sold Certified Tracking Solutions to Scottsdale, Ariz.-based GPS Insight.  Edmonton, Canada-based Certified Tracking Solutions markets fleet management solutions under the Titan GPS brand. GPS...

MiX Telematics Acquires Trimble’s Field Service Management Business

In a deal that will add more than 40,000 subscribers to its base, MiX Telematics MIXT 0.00 has agreed to acquire Trimble’s TRMB 0.20%↑ Field Service Management's (FSM) business. The acquisition, which...

Hoopo Raises $10 Million in Series A Funding

Israel-based Hoopo last week announced that it has raised $10 million in Series A funding.  The round, led by ZIM ZIM 5.72%↑ and theDOCK, brings the total funding raised to...

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