Ctrack Completes Strategic Global Acquisition of Inseego’s Telematics Business
Ctrack, a leader in advanced telematics and fleet asset management solutions, has reached a significant milestone in its expansion strategy with the acquisition of Inseego’s international telematics business.
This acquisition strengthens Ctrack’s presence in key markets, including the United Kingdom, Belgium, France, Germany, the Netherlands, Australia, and New Zealand, further solidifying its leadership in the global telematics space.
With this acquisition backed by Convergence Partners, the reunified telematics business under Ctrack will now operate on a global technology platform, enhancing service delivery, accelerating innovation, and providing customers with a seamless, unified experience across multiple continents.
This acquisition is part of Ctrack’s long-term strategy to expand its global reach and deliver state-of-the-art telematics solutions to industries including logistics, transport, agriculture, mining, and construction.
The integration of Inseego’s telematics business, combined with the Crystal platform, an AI-driven solution, enhances Ctrack’s ability to provide cutting-edge data analytics, fleet asset monitoring, and predictive maintenance solutions.
Hein Jordt, CEO of Ctrack, commented:
“This acquisition marks an exciting new chapter for Ctrack. We are expanding into key markets and enhancing our ability to deliver world-class telematics solutions. Our focus remains on providing exceptional value by integrating the best innovations from both businesses. This acquisition is a testament to our ambition to lead the global telematics industry.”
Natasha Gomes, CFO of Ctrack, added:
“I’m excited about the opportunities this acquisition presents for us and our customers. Bringing together the strengths of both businesses gives us the platform to further innovate, create new growth opportunities, and enhance the services we offer. I’m proud to be part of this next phase for Ctrack, as we continue to push the boundaries of what’s possible in the telematics industry.”
Looking Ahead
The integration will prioritise service continuity for existing customers while leveraging the combined strengths of both businesses.
Customers can expect greater access to advanced telematics solutions, enhanced service coverage, and a future-ready platform designed to meet the evolving demands of modern fleet asset management.
Ctrack will continue to innovate, expanding its product offerings and developing next-generation telematics solutions.
About Ctrack
Ctrack is a global leader in telematics and fleet asset management solutions, providing cutting-edge data-driven technologies to improve fleet visibility, safety, and operational efficiency.
Crystal represents the pinnacle of Ctrack’s innovation — a singular platform where the precision of telematics converges with the foresight of Artificial Intelligence to harness the full power of Data Intelligence.
With a presence in logistics, transport, agriculture, mining, and construction, Ctrack serves a diverse range of industries, ensuring companies have the tools they need to stay competitive in an evolving marketplace.
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