Aliso Viejo’s Telogis Inc., a maker of GPS and traffic software for delivery fleets, said Friday it acquired competitor Remote Dynamics Inc. of Texas.
Both companies are privately held. Terms of the deal weren’t disclosed.
The deal is set to expand Telogis’ reach to customers in the construction and construction equipment industries, the company said.
Based on financial statements from last year, Remote Dynamics sees around $2 million in yearly sales. It has development offices in Austin, Texas.
Telogis, which started in 2001, has offices in Europe and Latin America, as well as a development center in New Zealand.
Telogis uses global positioning systems and software to help companies with large fleets of delivery trucks create better routes, track shipments and deliveries and cut costs.
Its customers include the government, food and drink manufacturers, oil and gas utilities, and others.
