Monday, April 15, 2019

CalAmp Acquires Synovia Solutions For $50M

Irvine-based CalAmp, a provider of fleet tracking services, announced this morning that it has acquired Synovia Solutions, a company that operates in the fleet safety and management business for the K-12 school bus and state and local government fleet market, in a move to boost its software-as-a-service revenue. According to CalAmp, it paid approxi

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