The acquisition reinforces TomTom Telematics’ position as the market leading telematics service provider in Europe.
TomTom announced its its acquisition of Fleetlogic, one of the leading fleet management service providers in the Netherlands, on December 2, 2014. “The fleet management market in the Netherlands is an important and fast growing market in Europe,” said Thomas Schmidt, Managing Director TomTom Telematics. “Adding the experience of Fleetlogic in enterprise fleets and government sales, we now address the full potential of this growing market.” The acquisition includes the companies TripXs and Inalise, adding 27,000 subscriptions to the TomTom Telematics installed base. The total installed base of TomTom Telematics now consists of more than 450,000 vehicles.
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