MiX Telematics to Acquire Trimble FSM Business

MiX Telematics has signed a definitive agreement to acquire Trimble’s Field Service Management (FSM) business.

“MiX Telematics focuses on providing the highest levels of value and customer satisfaction in multiple industries, and we look forward to offering these services to our new customers,” said Stefan Joselowitz, CEO/president of MiX Telematics, in a prepared statement. “The MiX and Trimble Field Service Management teams are working very closely together to ensure a seamless transition. The combination adds significant scale to our North American telematics subscriber base while diversifying that business into additional industry verticals.”

Said Paul Cardosi, VP within Trimble’s Transportation business, in a statement:

“We made a considerable effort to find the best company to continue the exceptional service and investment our telematics FSM customers expect and are pleased to have found that company in MiX Telematics.”

FSM will add more than 40,000 subscribers to the MiX subscriber base.

Source: MiX Telematics