Telecom Lead America: Autovision Wireless, a fleet
management company specializing in GPS tracking, anti-idling and fleet
management software, has acquired the assets of SFT Telematics of Edmonton,
Alberta.
However, the terms of the acquisition were not disclosed
by the company.
SFT Telematics offers specialized GPS tracking and fleet
management solutions to the Oil & Gas, Transportation, and Construction
industries among others.
“The acquisition of SFT will strengthen our presence
in Western Canada, primarily in the Oil and Gas Industry. SFT’s diverse
customer base will position us well as the global demand
for Canada’s natural resources continues to grow,”
said Mukhtar Rahemtulla, CEO of Autovision Wireless.
SFT has been in business since 1998 and provides M2M
services to several thousand subscribers in Canada and the USA.
The terminals operate over cellular and satellite networks across North
America.
“We are extremely excited with the acquisition as it
provides us with a wider portfolio of products and services that complement our
existing product lines. Our customers will benefit from the fleet management
expertise that AutoVision brings to this acquisition and their depth in
software development will enable us to enrich our services,” said Elaine Perri,
GM of SFT.
Autovision added that all SFT services will continue to
be offered and the SMARTFLEET trademark and brand will also continue.
