February 7, 2014
In a deal that will combine Lysanda’s B2B customer base alongside Tracker’s long-standing B2C sales reach, telematics and infomatics provider Lysanda has acquired Tracker Network, a wholly owned subsidiary of Direct Line Group. The combined companies intend to establish Tantalum Corporation, with approximately US$32.5 million in revenues and some 500,000 telematics installations throughout Europe.
Commenting on the acquisition, Cédriane de Boucaud, CEO of Tantalum Corporation said:
“Lysanda has been a