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.

2015 State of The IT Channel Survey : IT'S TIME!!! Fill in this year's State of the IT Channel Survey and be in the running to win great prizes. CLICK HERE

Join the ARN newsletter!

Error: Please check your email address.

Tags fleet and asset managementDanaher Corporationacquisitionnavman wirelessScience and Technology

More about Navman

ARN Directory | Distributors relevant to this article

 

Latest News

04:09PM
Broad Investments snaps up MyMac stores and accessories supplier
12:29PM
Financial Trojan numbers fall but risk is still high
11:46AM
Delphix accelerates Australian expansion
11:25AM
Alloys brings MakerBot 3D printers to Australia
More News
25 Mar
2015 International Women's Day Sydney Luncheon
26 Mar
Navigating the Internet of Things Summit
26 Mar
Navigating the Internet of Things Summit
22 Apr
2015 Innotribe Startup Challenge
View all events