Verizon Communications Acquires Telogis for Undisclosed Sum

  • Feed Type
  • Date
    6/22/2016
  • Company Name
    Telogis
  • Mailing Address
    20 Enterprise Aliso Viejo, CA 92656 USA
  • Company Description
    Telogis’ product portfolio consists of a comprehensive wireless fleet management solution for fleets and a robust, proprietary mapping solution for fleet management companies and other telematics OEMs, enterprise users and systems integrators.
  • Website
    http://www.telogis.com
  • Transaction Type
    M&A
  • Transaction Amount
    Undisclosed
  • Transaction Round
  • Proceeds Purposes
  • M&A Terms
    Verizon plans to use the Telogis technology to enhance its connected vehicle offerings. Financial terms of the transaction were not disclosed.

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