HVIA Major Partner Geotab, a global leader in connected vehicle solutions, has announced the acquisition of the commercial operations of Verizon Connect’s telematics business in Australia, the United Kingdom, Ireland, Italy, France, Portugal, Poland, the Netherlands and Germany.
This strategic acquisition, which does not include Verizon Connect’s product, engineering and other non-sales focused teams, significantly expands Geotab’s global footprint and strengthens its market share, particularly within the crucial small to mid-sized fleet segment across key international markets.
Geotab says the integration of Verizon Connect’s Australia and European commercial operations and expertise further enhances its commitment to delivering “unparalleled value and comprehensive data insights to customers worldwide”. The move expands Geotab’s reach and tailored solutions for fleet businesses ensuring they have access to industry-leading telematics technology, AI and data insights, and local in-market support.
As part of the acquisition Geotab welcomes more than 400 Verizon Connect employees from across Australia and Europe to its global team. The integration will be led by Matthew Kassel, Senior Vice-President, Strategic Acquisitions and Integration.
“This acquisition marks a pivotal moment for Geotab and the connected vehicle industry,” Neil Cawse, Founder, President and CEO of Geotab, says.
“By welcoming Verizon Connect employees in Australia and Europe into the Geotab family, we are expanding our global reach and reinforcing the company’s commitment to serving the diverse needs of fleets of all sizes.
“We are excited about the exceptional opportunities this presents for customers, especially those with small to mid-sized fleets, to unlock greater efficiency, safety and sustainability.”
The integration of Verizon Connect’s commercial operations in Australia and Europe into Geotab is effective immediately. Customers of Verizon Connect in Australia and Europe can expect a seamless transition and continued access to high-quality telematics solutions, now backed by Geotab’s extensive global infrastructure and innovation capabilities.