Geotab expands its global reach and enhances small to mid-sized fleet solutions through acquiring Verizon Connect’s European and Australian operations.
Acquisition Strengthens Market Position Across Europe and Australia
Geotab, a global leader in connected vehicle solutions, today announced it has acquired the commercial operations of Verizon Connect’s telematics business in the United Kingdom, Ireland, Italy, France, Germany, the Netherlands, Poland, Portugal, and Australia. This strategic acquisition, excluding Verizon Connect’s product and engineering teams, expands Geotab’s global footprint. Moreover, it strengthens market share among small to mid-sized fleets.
The integration of Verizon Connect’s European and Australian commercial operations and expertise further enhances its commitment to delivering unparalleled value. Additionally, it delivers on comprehensive data insights to customers worldwide. The move expands the company’s reach and tailored solutions for fleet businesses. This ensures they have access to industry-leading telematics technology, AI and data insights, as well as local in-market support.
Welcoming Verizon Connect Employees and Driving Innovation Forward
Geotab welcomes over 400 skilled Verizon Connect employees from Europe and Australia. Their expertise will strengthen Geotab’s global operations. Their expertise and dedication will be instrumental in accelerating Geotab’s commitment to innovation and delivering robust, localised solutions for customers. Matthew Kassel, Senior Vice-President, Strategic Acquisitions and Integration, will lead the integration.
“This acquisition marks a pivotal moment for Geotab and the connected vehicle industry,” said Neil Cawse, Founder, President and CEO of Geotab.
“By welcoming Verizon Connect employees in Europe and Australia into the Geotab family, we are expanding our global reach and reinforcing the company’s commitment to serving the diverse needs of fleets of all sizes. We are excited about the exceptional opportunities this presents for customers, especially those with small to mid-sized fleets, to unlock greater efficiency, safety, and sustainability.”
The integration of Verizon Connect’s commercial operations in Europe and Australia into Geotab is effective immediately. Customers of Verizon Connect in Europe and Australia can expect a seamless transition and continued access to high-quality telematics solutions, now backed by Geotab’s extensive global infrastructure and innovation capabilities.
