Fleetmatics

Fleetmatics Group PLC
Public
Traded as NYSE:FLTX
Industry SaaS fleet Management
Founded 2004
Headquarters Dublin, Ireland
(Global HQ)
Waltham, Massachusetts
(United States HQ)
Key people
 James M. Travers (Chairman and CEO)
Number of employees
 1000+ (as of 2016)
Subsidiaries SageQuest
Website fleetmatics.com

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

  1. ↑ "Fleetmatics Group PLC Amendment No. 2 to Form F-1". U.S. Securities and Exchange Commission. Retrieved 5 December 2014.
  2. ↑ Hupp, Shane. "FleetMatics Group PLC Given New $47.00 Price Target at Barclays (FLTX)". Ticker Report. Retrieved 9 December 2014.
  3. ↑ "Commit To Buy Fleetmatics Group At $25, Earn 8% Annualized Using Options". Forbes. 9 September 2014. Retrieved 4 December 2014.
  4. ↑ "Third quarter revenues soar at Dublin-based Fleetmatics". The Irish Times. Retrieved 9 December 2014.
  5. ↑ "Fleetmatics Group is Now Oversold (FLTX)". Forbes. Retrieved 9 December 2014.
  6. ↑ "Fleetmatics Announces IPO Pricing". Forbes. Retrieved 9 December 2014.
  7. ↑ Dimri, Neha. "Ireland's FleetMatics soars in U.S. market debut". Reuters. Retrieved 9 December 2014.
  8. ↑ "FleetMatics acquires US software company SageQuest". siliconrepublic.com. Retrieved 20 December 2014.
  9. ↑ Lunden, Ingrid (August 1, 2016). "Verizon buys Fleetmatics for $2.4B in cash to step up in telematics". TechCrunch. Retrieved August 1, 2016.

External links

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