TAMPA, Fla. — GE Equipment Services announced it plans to go big in the trailer tracking business, and it has all the tools to do so thanks to its recent acquisition of Terion Inc.
Representatives of both GE and Terion were present at a press conference at the Technology and Maintenance Council meetings to talk about their recent marriage. GE acquired Terion on Jan. 11. It plans on retaining all the companys staff and will continue offering both the GE Veri-Wise asset tracking system as well as Terions Fleet View.
Thomas Konditi, president and CEO, asset intelligence, with GE Equipment Services, said the company was attracted to Terions suite because of its best-in-class user interface. Now, the company can offer both satellite- and cellular-based tracking systems to a broader range of customers. Konditi said the company has big plans with the new partnership, and will explore global opportunities.
Collectively, the companies already have close to 150,000 units installed in North America.
This is a strategic decision for Equipment Services, Konditi said of the new partnership. It allows us to offer our customers an unmatched portfolio of solutions and also positions us as the undisputed technology leader in the asset tracking space. We admire Terions technology expertise and solutions focused DNA, and this compliments our approach of developing strategic capabilities to serve global supply chains.
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