Info
Info

Geotab to acquire BSM Technologies

News

Geotab, a provider of IoT and connected transportation, announced that it has signed an arrangement agreement whereby it plans to acquire BSM Technologies.

Info

BSM provides telematics and asset management solutions to more than 165,000 vehicles across government and private fleets in Canada and the United States. The completion of this transaction would add to the over 1.5 million fleet telematics subscribers utilising Geotab globally.

Over the past 20 years, BSM has developed extensive experience and customer relationships in the government sector, enabling municipalities and States/Provinces to optimise and manage their winter road maintenance fleets.

“BSM had previously standardised on using the Geotab platform as their base and then created a competitive advantage by building new products on top of our technology,” said Neil Cawse, Geotab CEO. “An example of this is winter ops - support for data and the management of snow plows and spreaders. This technology is key for our resellers to be able to win government business.”

By adopting the Geotab platform, BSM's customers in government as well as other verticals including construction, service and rail, will not only benefit from Geotab's leading engineering expertise and award-winning focus on security, scalability and reliability but will also gain access to solutions for enhanced visibility into vehicle performance, driver habits, accident detection and more.

Geotab's leadership is reflected in major account wins including the awarding of the world's largest single-source telematics contract in history by GSA Fleet, a division of the GSA (General Services Administration), to equip its 217,000 US government vehicles with Geotab technology.

Placing security at the forefront of its innovations, Geotab announced earlier this year that the cryptographic module in the company's GO vehicle tracking device received FIPS 140-2 validation by the National Institute of Standards and Technology (NIST). Geotab is the first and only telematics company to achieve this standard.

“BSM's activity in the government space coupled with Geotab's proven success and commitment to security and scalability will work in tandem to dramatically accelerate Geotab's presence across North America including in the electric vehicle space, which is an increasingly important emerging market,” added Cawse.

Geotab has a long-standing history of providing customers with access to an open-platform solution that enables fleets to customise and scale their telematics implementation to meet their business needs. This approach has allowed the company to closely align with strategic partners that provide customisable solutions to help improve productivity, fuel efficiency, driver safety and more.

Through this transaction, BSM customers will also benefit from Geotab's partner ecosystem. BSM will contribute some of its product and services development in asset tracking, winter ops, third-party integration and off-road equipment tracking to the Geotab Marketplace, Geotab's extensive online solutions centre for managing mobile assets and workers.


The Latest News, Brought To You By
Geotab to acquire BSM Technologies
Modified on Tuesday 9th April 2019
Find all articles related to:
Geotab to acquire BSM Technologies
TaaS Technology Magazine
Info
How The Volkswagen ID.4 Communicates With Light
Forward31 And Lufthansa Innovation Hub Launch Startup Partnership
Kia Unveils Roadmap For Transformation, Focusing On EVs And Mobility Solutions
VivoPower Secures 100% Ownership Of Tembo E-LV B.V.
Daimler Plans Separation Into Two Pure-play Companies And Majority Listing Of Daimler Truck To Accelerate Into Zero- Emissions And Software-driven Future
REE Automotive Opens New Engineering Center Of Excellence In The UK
Faurecia And Immersion Partner For Haptic Automotive Technologies
AIR Index Vehicle Emissions Rating System Offers First Realistic, Fully-fledged Alternative To Official Data
Ouster Achieves Major Automotive Grade Milestone
Riversimple And Siemens: The Beginning Of A Long-term Strategic Relationship
Alauda Unveils The World’s First Flying Electric Racing Car
Abarth Launches World’s First Virtual Reality Test Drive Delivered To Homes
Mazda First OEM To Join The EFuel Alliance
Plus Commits To Deploy Ouster’s Digital Lidar Sensors
Ford Raises Planned Investment In EV, AV Leadership To $29 Billion
Targa Telematics Supports Leasys Miles In The UK
Trimble Teams With ROBORACE
Kia Starts Pilot Of Last-mile Delivery Service In Singapore For Future PBV Business
Niro EV’s Latest Accolade Reinforces The Strength Of Kia’s Electric Vehicle Lineup
Volta Trucks Selects Meritor To Supply The Innovative Electric Drivetrain For The Volta Zero
Humax To Supply RAiDEA Mobility Service Platform In The Middle East
Cosworth And Delta Sign Agreement For Acquisition
Hyundai Motor Group Unveils TIGER Uncrewed Ultimate Mobility Vehicle Concept
AVL Advances Development Of Hydrogen Internal Combustion Engine For CO2 Neutral Transportation
Info
Info
×
Search the news archive

To close this popup you can press escape or click the close icon.
Logo
×
Logo
×
Register - Step 1

You may choose to subscribe to the TaaS Magazine, the TaaS Newsletter, or both. You may also request additional information if required, before submitting your application.


Please subscribe me to:

 

You chose the industry type of "Other"

Please enter the industry that you work in:
Please enter the industry that you work in:
 
X
Info
X
Info
{taasPodcastNotification} Array
Live Event