How it started
History
Fleetmatics Group PLC, founded in 2004, was a provider of fleet management services delivered as software-as-a-service. In 2010, FleetMatics acquired the US software company SageQuest LLC, which provided GPS vehicle management tools for utility, cable, and broadband companies throughout North America. In 2016, FleetMatics expanded its Southern Europe presence with the acquisition of Inosat Global.
On 1 August 2016, Verizon announced its intention to acquire Fleetmatics for $2.4 billion in cash to expand its Telematics services, and the deal was completed in November 2016.
In October 2017, Fleetmatics registered its Electronic Logging Device (ELD) for Android with the Federal Motor Carrier Safety Administration (FMCSA).
On 6 March 2018, Fleetmatics and its sister companies, Telogis and Verizon Telematics, were rebranded as Verizon Connect.
From Wikipedia’s article on Fleetmatics, shared under CC BY-SA 4.0.2