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August 1, 2016 12:26 pm GMT
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 billionin 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 makeFleetmatics a part… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/UbQ9FBA3V34/
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 billionin 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 makeFleetmatics a part… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/UbQ9FBA3V34/
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