telematics

Vigillo acquired by SambaSafety

PORTLAND, OR - SambaSafety, which specializes in managing driver risks, has acquired Vigillo, a company that provides real-time data to analyze driver and carrier performance. "We are excited to add Vigillo to the growing number of companies that make up SambaSafety as we continue to define driver risk management by adding to an already robust platform. Our regulated customers will benefit by utilizing a single risk identification and mitigation dashboard combining both Motor Vehicle Record data and CSA (Compliance, Safety, Accountability) data," says Richard Crawford, chief executive officer of SambaSafety.

Telematics Providers Merging in $85 Million Deal

TORONTO and VANCOUVER - Two Canadian based telematics providers have reached an agreement to merge, creating a company with more than 150,000 subscribers across Canada and the U.S. BSM Technologies Inc. a provider of remote monitoring, fleet management, and fleet diagnostics systems; and Webtech Wireless Inc., which provides GPS fleet management systems, said on Thursday they have entered into a definitive agreement creating a company worth $85 million. The deal, which has been approved by both company's board of directors, calls for BSM to acquire all of the outstanding Webtech common shares.