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 mobile workforces. The deal comes about six weeks after Verizon announced that it would acquire another company, Telogis,… Read More
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 mobile workforces. The deal comes about six weeks after Verizon announced that it would acquire another company, Telogis,… Read More
