Verizon Communications Inc. (NYSE: VZ) and Fleetmatics Group PLC (NYSE: FLTX) reached an agreement by which the telecom service provider would buy the latter for $60.00 per share in cash. This ...
NEW YORK (AP) — Verizon said Monday that it plans to pay about $2.4 billion to buy Fleetmatics, which makes software used by cable companies, energy providers and others to manage their fleets of ...
The fleet management software company is selling to the telecom giant for a hefty premium. So what: Verizon will pay $60 in cash for each share of Fleetmatics, valuing the company at roughly $2.4 ...
Dublin and Boston, MA /PRNewswire/ -- Fleetmatics Group PLC (NYSE: FLTX), a leading global provider of mobile workforce solutions for service-based businesses of all sizes delivered as ...
Fleetmatics Group, a global provider of mobile workforce solutions for service-based businesses of all sizes delivered as software-as-a-service (SaaS), recently introduced Fleetmatics Routist, an ...
Customers such as R&M Trucking and United Global Logistics (UGL) rely on software from Fleetmatics, a Verizon Company to keep their drivers compliant with the impending Federal Motor Carrier Safety ...
Fleetmatics says its new LogBook for iOS is a one-stop approach to hours of service management and meeting the electronic logging device mandate that goes into effect in December. LogBook combines ...
Similar to wise buying decisions, exiting certain underperformers at the right time helps maximize portfolio returns. Selling off losers can be difficult, but if both the share price and estimates are ...
Fleetmatics, the Dublin-headquartered technology business that Verizon is buying for $2.4 billion, has told its staff that it remains committed to its Irish operation, which employs close to 200 ...
Verizon Communications agreed to buy GPS vehicle-tracking company Fleetmatics Group in an all-cash deal valued at $2.4 billion, vaulting the telephone giant deeper into the automotive-technology ...
Hot off the heels of its acquisition of Yahoo last week for $4.8 billion, today Verizon announced another huge purchase: it’s buying Fleetmatics, a telematics company based out of Dublin, Ireland, for ...
Fleetmatics and Verizon anticipate that subsequent events and developments will cause Fleetmatics’ and Verizon’s assessments to change. However, while Fleetmatics and Verizon may elect to update these ...
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