Danaher takes Navman Wireless under its wing

A first step into fleet and asset management

Science and technology company, Danaher Corporation, has taken its first step into the fleet and asset management technology space with the acquisition of technology provider, Navman Wireless.

As part of the deal, Navman Wireless will function as a standalone Danaher operating company, retaining its brand, personnel, and locations.

Financial details were not disclosed.

The transaction follows a highly positive period for Navman. It had a record 2012, as well as five successive revenue years and installed base growth. In that period, it expanded its Online AVL2 fleet and asset management platform, entered new verticals, and opened geographic markets in Mexico, Italy, China, and Taiwan.

“Danaher has the resources, global footprint and commitment to support the continued growth of the Navman Wireless platform and business,” Navman Wireless president, TJ Chung, said.

“All of these factors will help us continue to enhance our technology platform, expand into new vertical and geographic markets, and bring the benefits of fleet and asset management to vehicles and assets around the world that are not just yet taking advantage of the technology.”

Navman Wireless joins Danaher’s portfolio of brands spanning test and measurement, life sciences and diagnostics, dental, environmental, and industrial technologies.

CHANNEL CHOICE: Vote Now for your favourite in the three categories: Vendor, Distributor and Reseller. Voting closes August 8.

Tags fleet and asset managementDanaher CorporationacquisitionScience and Technologynavman wireless

More about Navman

ARN Directory | Distributors relevant to this article

Comments

Comments are now closed

 

Latest News

01:34PM
A10 Networks’ new channel vision to be delivered by WhiteGold Solutions
11:59AM
Fujitsu World Tour: Cloud entering third phase of maturity
11:55AM
Report: Apple's new iPhone 6 could have biggest initial production
11:27AM
Stealthy Web tracking tools pose increasing privacy risks to users
More News
22 Jul
N-Able by SolarWinds Roadshows
23 Jul
Dell Connected Security: Listen to what the experts have to say about security
24 Jul
The Rise of the Challenger Marketer
24 Jul
Veeam’s Crazy 8 Roadshow
View all events