Fleetmatics
 | |
| Company type | Public |
|---|---|
| NYSE:FLTX | |
| Industry | SaaS fleet Management |
| Founded | 2004 |
| Headquarters | |
Key people | James M. Travers (Chairman and CEO) |
Number of employees | 1000+ (as of 2016) |
| Subsidiaries | SageQuest |
| Website | fleetmatics |
Fleetmatics[1] is a public limited company providing software-as-a-service fleet management.[2] Based in Dublin, Ireland it offers both web-based and mobile application solutions that provide fleet operators with information on vehicle location, speed, mileage, fuel usage.[3][4]
Company overview
Fleetmatics Group PLC, founded in 2004, is a provider of fleet management solutions delivered as software-as-a-service.[5] [6][7] In 2010 FleetMatics acquired US software company SageQuest LLC which provides GPS vehicle management solutions for utility, cable and broadband companies throughout North America.[8]
Verizon announced its intention to buy Fleetmatics for $2.4 billion in cash on August 1, 2016.[9]
References
- ^ "Fleetmatics Group PLC Amendment No. 2 to Form F-1". U.S. Securities and Exchange Commission. Retrieved 5 December 2014.
- ^ Hupp, Shane. "FleetMatics Group PLC Given New $47.00 Price Target at Barclays (FLTX)". Ticker Report. Retrieved 9 December 2014.
- ^ "Commit To Buy Fleetmatics Group At $25, Earn 8% Annualized Using Options". Forbes. 9 September 2014. Retrieved 4 December 2014.
- ^ "Third quarter revenues soar at Dublin-based Fleetmatics". The Irish Times. Retrieved 9 December 2014.
- ^ "Fleetmatics Group is Now Oversold (FLTX)". Forbes. Retrieved 9 December 2014.
- ^ "Fleetmatics Announces IPO Pricing". Forbes. Retrieved 9 December 2014.
- ^ Dimri, Neha. "Ireland's FleetMatics soars in U.S. market debut". Reuters. Retrieved 9 December 2014.
- ^ "FleetMatics acquires US software company SageQuest". siliconrepublic.com. Retrieved 20 December 2014.
- ^ Lunden, Ingrid (1 August 2016). "Verizon buys Fleetmatics for $2.4B in cash to step up in telematics". TechCrunch. Retrieved 1 August 2016.