Verizon buys Fleetmatics for $2.4B in cash to step up in telematics

 Hot off the heels of its acquisition of Yahoo last week for $4.8 billion, today Verizon announced another huge purchase: it’s buying Fleetmatics, a telematics company based out of Dublin, Ireland, for $2.4 billion in cash, to build out the products that it offers to enterprises in the areas of logistics and workforces that are on the move. The deal will make Fleetmatics a part… Read More

from RSSMix.com Mix ID 8176981 http://redirect.viglink.com?u=https%3A%2F%2Ftechcrunch.com%2F2016%2F08%2F01%2Fverizon-buys-fleetmatics-for-2-4b-in-cash-to-step-up-in-telematics%2F%3Fncid%3Drss&key=ddaed8f51db7bb1330a6f6de768a69b8
http://www.gadgetscompared.com
from Tumblr http://ikonografico.tumblr.com/post/148298448576
via http://www.gadgetscompared.com