Verizon Telematics acquires Movildata to expand European presence

Verizon Telematics (Verizon) has acquired Spain-based provider of commercial fleet management solutions Movildata as part of a strategy to expand its European footprint. Additionally, Verizon plans to make Fleetmatics’ Reveal platform available to Spanish fleet operators. Molivdata’s employees have joined Verizon’s team and will continue to drive sales and support for its current fleet management products. Luis Enrique Rodrigo, CEO of Movildata, said: "We are proud of what the company has accomplished in
February 1, 2018 Read time: 1 min

Verizon Telematics (Verizon) has acquired Spain-based provider of commercial fleet management solutions Movildata as part of a strategy to expand its European footprint. Additionally, Verizon plans to make Fleetmatics’ Reveal platform available to Spanish fleet operators.

Molivdata’s employees have joined Verizon’s team and will continue to drive sales and support for its current fleet management products.

Luis Enrique Rodrigo, CEO of Movildata, said: "We are proud of what the company has accomplished in this market, and we know that with this transaction our success will continue. Verizon Telematics' expansive global reach and robust portfolio of technologies and solutions will allow us to grow the business in Spain and expand our customer service to the next level."

Classification & Data Collection

Related Content

June 5, 2012

Verizon to acquire Hughes Telematics

Verizon Communications and Hughes Telematics have announced a definitive merger agreement under which Verizon will acquire Hughes Telematics for a total of US$612 million. Verizon says the transaction will expand its capabilities in the automotive and fleet telematics marketplace and accelerate growth in key vertical segments. Hughes offers a portfolio of services through its commercial fleet, aftermarket and original equipment manufacturer (OEM) offerings as well products and services for health providers
August 3, 2016

Verizon acquisition boosts fleet management portfolio

In a deal worth around US$2.4 billion, US-based Verizon Communications is to acquire Fleetmatics Group as it seeks to accelerate its position as a provider of fleet and mobile workforce management solutions. Fleetmatics has developed a wide range of software as a service (SaaS)-based products and solutions for small and medium-sized businesses. According to Verizon, the combination of products and services, software platforms, strong customer bases, domain expertise and experience, as well as the recent
boombox1

Highlighted Content

boombox2