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Powerfleet and MiX Telematics Merge, Creating 1.7 Million Subscribers

The combined business revenues total $279 million, including $210 million in recurring SaaS revenue. Creating a 1.7-million subscriber base, Powerfleet PWFL -6.94%↓ and MiX Telematics MIXT -1.94%↓ announced this week that they will...

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InDrive and MapUp Expand Partnership Ride-hailing service inDrive and Silicon Valley startup MapUp have expanded their partnership into the U.S. market.   MapUp recently installed its toll intelligence service TollGuru in Australia,...

Trimble and AGCO to Form Joint Venture

Trimble expects $3 billion in value from the transaction Saying it wants to create a global leader in mixed fleet smart farming and autonomy solutions, Trimble TRMB 5.59%↑ has...

Mapbox Raises $280 Million From Softbank, Broadens Auto Footprint

Company says funding will fuel investments into AI location services and broaden its footprint in the automotive industry. Mapbox has announced the completion of a $280 million Series...

Geotab and Lytx to Integrate Technology for Video Telematics Solution

Fleet management giants Geotab and Lytx are partnering to combine connected transportation solutions with video security for a new video telematics solution.  The companies say that by integrating...

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TrustPoint Announces CRADA With Naval Postgraduate School TrustPoint and the Naval Postgraduate School (NPS) have announced a Cooperative Research and Development Agreement (CRADA) focused on next-generation Positioning, Navigation and Timing...

Digital Matter Offers Worldwide Asset Tracking With New GPS Devices

Digital Matter has announced the expansion of its battery-powered IoT asset tracking portfolio with the addition of 4G Cat 1bis and 2G connectivity to enable worldwide asset visibility. The Oyster3 and Remora3 Global GPS...

Weekly Product News

Econolite Acquires Western Pacific Signal Econolite last week acquired its distribution partner, Western Pacific Signal, which integrates and provides intelligent transportation systems, including connected vehicle systems.  Financial...

Google Delays Launch of Find My Device Network

Google said it would leverage more than 1 billion Android devices to find lost items At its I/O 2023 conference, Google GOOG 0.00 said it...

BusRight Grabs $7 Million in Series A Funding

Startup BusRight has announced it has raised a $7 million Series A funding round led by Las Olas Venture Capital.  BusRight said it will use...

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