Omnitracs Buys VisTracks

Omnitracs

Omnitracs, LLC, a Dallas, Texas-baased provider of fleet management solutions to transportation and logistics companies, acquired VisTracks, a provider of device-agnostic, SaaS-based compliance solutions to the transportation and logistics industry.

The amount of the deal was not disclosed.

This acquisition further enhances the company’s device agnostic hardware and OEM strategy and extend its reach into the SMB market by adding the VisTracks reseller community into the Omnitracs partner network.

Through the acquisition, Omnitracs will add approximately 60,000 vehicles onto the Omnitracs One platform. The VisTracks architecture provides a mobile device-based and cloud-enabled solution, which will allow Omnitracs to quickly go-to-market with OEM-integrated solutions. The company is preparing to release early versions of the integrated software in late 2020.

Omnitracs provides trucking solutions for all business models. Its more than 1,100 employees deliver software-as-a-service-based solutions to allow over 14,000 customers to manage nearly 1,100,000 assets in more than 70 countries.

FinSMEs

12/05/2020

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