Leeds-based technology firm Masternaut has acquired GE Mobile Solutions for an undisclosed sum.
Masternaut, which provides real time vehicle tracking, has purchased the Skipton-based business to consolidate its position as the UK’s leading technology firm serving the fleet management industry.
The deal takes Masternaut’s turnover to £10.5million and its total number of employees to over 100 people.
Masternaut’s technologies deliver business benefits to companies throughout the UK in local government, service and transport sectors by companies such as Unipart, TNT and Carillion.
In addition to Masternaut’s current product portfolio which includes vehicle tracking, routing, scheduling, traffic information and reporting, the company is working to develop standardised toll road technologies.
GE Mobile Solutions’ product range fits perfectly with Masternaut’s product strategy. The technology allows office-based personnel to dynamically allocate work to field-based employees accurately and securely via hand held computers. This speeds up the transmission of information, improves data accuracy and increases efficiency and profitability.
The business works across nine European countries and its client base includes a number of multi-national companies.
Managing director, Martin Port, expects contract values to rise to £20million over the next 12 months as a direct result of being able to offer comprehensive, fully-integrated mobile solutions to both new and existing customers.
Martin Port commented: “GE Mobile Solutions is a perfect strategic fit for Masternaut, particularly as their business proposition to is similar to ours. By integrating both product ranges we will be able to offer the most comprehensive range of mobile solutions currently available, helping businesses streamline and automate their processes, eliminate inefficiencies, and most importantly save money.”
“Acquiring a business of the stature of GE Mobile Solutions illustrates the ambitions we have to maximise Masternaut’s dominant market position and, we believe, a 100 per cent upturn in sales will be possible over the next year.”
Masternaut’s technology works by fitting a black box to the vehicle, which logs events minute by minute including time, date, vehicle position, distance and speed travelled. This information is relayed in real-time to Masternaut’s Communication Centre and made available to individual businesses via the Internet.
GE Mobile Solutions, formerly Three-X Communications was founded in 1984 and acquired by General Electric in 1995. The current GE Mobile Solutions business will return to the name Three-X Communication Ltd, and will be expanded with operations continuing from the current offices in Skipton, Yorkshire.
From ABI Research
Go and Track Product Link : realtime gps vehicle tracking
Technorati Tags: Masternaut, GE Mobile Solutions, real time vehicle tracking
Written by GPS Tracking Guy on September 25th, 2006 with no comments.
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MicroTRAKgps, a subsidiary of The Tracking Corporation, a leading provider of Global Positioning Systems ([/tag]GPS[/tag]) and Radio Frequency Identification (RFID) wireless location services and products that track and recover valuable assets, today announced that the introduction of their new GPS portable personal product line is experiencing a successful launch and is generating strong interest in the retail market. Introduced in August by a leading retailer with nationwide stores and dominant catalog customer base, sales are exceeding original expectations. Response and demand from the security-conscious consumer during the first six weeks is evident by the tripling of unit orders from the retailer since their opening order.
From ABI Research
Go and Track Product Link : GPS Personal Tracking Devices
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Technorati Tags: Global Positioning Systems, Radio Frequency Identification, RFID, location services, GPS
Written by GPS Tracking Guy on September 25th, 2006 with no comments.
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Replaces Radio-Based GPS Tracking System with Enhanced Web-Based Service.
In an emergency situation, every second counts for first response medical teams. That is why Carilion Clinic and TeleNav Inc. today announced the implementation of TeleNav’s TeleNav Track GPS solution over mobile phones, to assist Carilion with the location and deployment of ambulances and emergency medical teams during local organized events. The Carilion Clinic is western Virginia’s leading healthcare partner.
Carilion Patient Transportation Services was recently tasked with providing medical response teams for events that take place at the Martinsville Speedway, which often attracts thousands of people.
With TeleNav Track, Carilion is now able to pinpoint emergency medical service (EMS) providers down to the section they are standing by at the speedway. This feature of TeleNav Track has reduced emergency response times to around one minute from the time a call is received to when the team arrives on the scene. Additionally, Carilion uses TeleNav Track’s online reporting tool that can show where all team members have been throughout the event.
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Technorati Tags: GPS Tracking System, TeleNav, GPS, mobile phones
Written by GPS Tracking Guy on September 24th, 2006 with no comments.
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Chicago law firm Brustin and Lundblad, Ltd. announced that a federal court jury returned a verdict of over $4.7 million dollars against Crete Carrier Corporation in a Michigan motor vehicle accident. The jury deliberated for 6 1/2 hours following a seven day trial and returned the verdict late September 19th in Federal District Court for Northern Illinois Judge Leinenweber’s courtroom.
The case was tried by Marvin A. Brustin, Milo W. Lundblad and Mark Szaflarski of Brustin & Lundblad, Ltd. Adrian Richmond, the plaintiff, was originally offered $200,000 from the defense, which relied on information obtained from a state-of-the-art Global Positioning Satellite (GPS) tracking device installed in the truck involved in the accident. Crete claimed that according to their records none their trucks were in the area at the time of the crash. Crete’s original computer data validates that claim; however the jury questioned Crete’s records and thought there was a margin of error. Crete Carrier Corporation, based in Lincoln, Neb., is part of one of the largest privately owned trucking companies in the country offering a wide range of transportation services operating throughout the United States and Mexico.
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Technorati Tags: Global Positioning Satellite, GPS, tracking device
Written by GPS Tracking Guy on September 21st, 2006 with no comments.
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Power-Trak.com, providing a full spectrum of advanced web-based telematics solutions, is proud to introduce Web 2.0 technology for its new line of GPS Tracking and Fleet Management products.
“With this next generation platform, customers will have a rich user experience typically only found in PC-equivalent applications,” said Ron Cornille, Power-Trak’s Chief Executive Officer. “What this means for fleet owners is more useful information they can interact with, which leads to a better grasp on their operations.”
Power-Trak’s technology enables fleets to curtail the soaring prices that impact profit margins in the commercial trucking and service orientated fleet industries. Power-Trak’s new product line utilizes the latest in GPS, GPRS and web technologies while focusing on the user experience. The interface transforms traditional vehicle tracking and fleet monitoring data into graphical representations of vehicle performance. Customers can analyze vehicle activity in terms of mileage, fuel consumption, wasted gas due to idling, and customer stops. These graphical representations of fleet activity translate into more visibility and control of fleet operations so managers can quickly adjust to current market conditions.
Founded in 1998 and headquartered in Oakbrook Terrace, IL, Power-Trak.com is dedicated to providing fleet tracking and telematics solutions to the commercial transportation industry. With their philosophy and commitment to technology advancement and business process improvement, Power-Trak works to partner with their clients and become an integral part of their information technology infrastructure.
From ABI Research
Go and Track Product Link : GPS Vehicle Tracking
Technorati Tags: Web 2.0, GPS Tracking, Fleet Management, GPS, GPRS, vehicle tracking
Written by GPS Tracking Guy on September 19th, 2006 with no comments.
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