Telogis has announced the acquisition of Navtrak, with the company claiming a position as the fastest-growing enterprise Software-as-a-Service (SAAS) provider of vehicle tracking.
"This acquisition broadens our customer portfolio with greater reach into small- and mid-sized markets, and complements our strong organic growth with large enterprises and OEM channels," said Dave Cozzens, CEO, Telogis.
"Our robust, scalable platform allows us to quickly integrate acquisitions, and we continue to pursue opportunities such as this that are advantageous for our business and customers."
Telogis provides enterprise SAAS applications to manage mobile workers and assets.
"Navtrak’s customers will now experience the benefits of a powerful location platform of SaaS applications," said Cozzens, "Including Telogis Fleet, Telogis Route, Telogis Progression, Telogis Mobile and Telogis Navigation."
"This acquisition further accelerates our aggressive expansion plans for 2012. There is a large global market to address with our platform of SaaS applications, and we look forward to continuing to drive its innovation and growth."
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