$2.4 billion

Verizon's second big acquisition in a short period of time - t’s buying Fleetmatics, a telematics company based out of Dublin, Ireland, to build out the products that it offers to enterprises in the areas of logistics and workforces that are on the move. The deal will make Fleetmatics a part of Verizon Telematics, a subsidiary of the telco that focuses on fleet management, mobile workforce solutions and IoT.
Last Modified: 04-Aug-2016 3:30 AM