Weekly Product News

Location Business News’ Weekly Product News. Send your product and service news to info@driverlessreport.com. Goes to 15k subscribers and 40k social media followers.

Beaconsmind Acquires Controlling Stake in FREDERIX Hotspot

Switzerland-based beaconsmind AG [MLBMD] has agreed to acquire a 51 percent controlling stake in FREDERIX Hotspot GmbH.  As part of transaction, eKomi Holding GmbH, one of the key shareholders of FREDERIX Hotspot, will become a strategic shareholder in beaconsmind.  Michael Ambros, founder and CEO will be appointed to the beaconsmind board.  Founded in 2015, beaconsmind provides location-based marketing (LBM) software for retail chains through Bluetooth beacons that locate and identify customers.

Contact:  Max Weiland, beaconsmind, 414438073-73, maxweiland@beaconsmind.com, www.beaconsmind.com.

Garmin Wins BMW Supplier Award

Garmin’s GRMN 0.26%↑Automotive OEM group has been recognized by BMW Group with the 2022 Supplier Innovation Award in the customer experience category.  The award highlighted Garmin’s contribution to the Theatre Screen, a private back-seat movie lounge experience introduced in the BMW 7 Series.

Garmin wins BMW award (Image: Garmin).

Contact:  Krista Klaus, Garmin, (913) 397-8200, media.relations@garmin.com.

Wejo and Ford Team Up to Expand Insurance Offerings Across U.S.

Wejo Group Limited WEJO 0.00 has expanding its U.S. insurance offering with Ford 1.86%↑.  Through connected vehicle data and insights, insurance providers will be able to understand driving behaviors, the company said.  The offering, with customer consent, connects vehicle data to establish usage-based vehicle insurance policies that reward customers based on their driving behaviors. This data helps the vehicle insurance industry validate customer supplied details, identify and minimize insurance fraud, offer better pricing and reduce risks, the company said.

Contact:  Ben Hohmann, Wejo, ben.hohmann@wejo.comwww.wejo.com.

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RadioMobile Provides AVL System to Fire Department

RadioMobilehas announced that the Placer County (California) Fire Department (PCFD) has deployed the company’s IQ Flex mobile data communications system for automatic vehicle location (AVL) and resource tracking.

IQ Flex AVL tracking device (Image: RadioMobile).

Contact:  RadioMobilehttps://radiomobile.com/iq-flex.

ATrack Rolls Out Asset Tracker

ATrack Technology has launched the AS500 long standby asset tracker that can operate independently for up to 10 years to manage high-value unpowered assets such as containers and heavy machinery, the company said.

ATrack launches AS500 long standby asset tracker. (Photo: Business Wire)

The AS500 features GPS and GLONASS for real-time positioning, built-in Wi-Fi and Bluetooth beacon technology for outdoor-indoor use.

Contact:  Chloe WangChloe.wang@atrack.com.tw, www.atrack.com.tw.


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