Bridgestone has purchased the iTrack Solutions Business from Transense Technologies PLC.
iTrack is a global provider of tire-management solutions for the off-the-road (OTR) tires market. The business offers a comprehensive tire pressure monitoring system (TPMS) specially designed for mining tires. In addition to tire temperature and pressure monitoring, the iTrack tire management platform provides customizable geofencing, speed alerts and more to help mining customers optimize their operations for increased productivity and profitability.
“This acquisition helps move Bridgestone closer to its goal of becoming a leader in sustainable and advanced mobility solutions,” said Tomohiro Kusano, VP and senior officer, G-MAA (Mining, Aircraft, Agriculture) solutions business, Bridgestone, in a prepared statement. “As a global solutions provider, Bridgestone will create new value for our customers by delivering tire and mobility-related data that enhances their operations.”
All employees of the iTrack Solutions Business will join Bridgestone as part of the acquisition.