California, US: Telogis Inc. acquired Maptuit, a provider of commercial vehicle navigation technology. The acquisition, the company’s fifth in three years, aims to expand Telogis’ software-as-a-service (SaaS) platform, which includes fleet management, navigation, route optimisation, work order management and mobile integration.
In a press statement, Newth Morris, President, Telogis Route and Telogis Mobile stated, “This acquisition adds a new dimension to our platform. With these advances, Telogis further differentiates itself in the market by providing the most comprehensive suite of location intelligence solutions on a single platform.”
Enhancements to the Telogis platform resulting from this acquisition include an advanced location-based service (LBS) engine that receives feedback from the field on road conditions and physical restrictions that may not be captured by commercial and open source map data. These capabilities are critical not only to the commercial navigation markets where Maptuit has been successful, but also to industries such as mining, and oil and gas, which operate in remote regions where map data coverage is limited.
Maptuit’s technologies also allow companies to specify “known-good” routes and yard-approaches. These capabilities help companies improve the safety of route operations and are increasingly important in international markets where bonded routes exist.
Telogis will integrate Maptuit’s technologies directly into its enterprise platform, thereby expanding the Telogis customer base by more than 100,000 subscribers.
“The commercial navigation technologies that Maptuit has revolutionised will enhance all of the applications on our platform — route planning, navigation, execution analytics — and position our company to best handle the growing location intelligence needs of companies worldwide,” said Morris. “This acquisition complements the Telogis platform with a unique set of high-value capabilities that allow companies to dramatically transform their operations, improve safety and lower operating costs.”
Source: Telogis