Geotab acquires Verizon Connect’s telematics business

Geotab has acquired the commercial operations of Verizon Connect’s telematics business across Ireland, the UK, Europe and Australia, as it looks to strengthen its global footprint within the small to mid-sized fleet solutions segment.

The move expands Geotab’s reach and tailored solutions for fleet businesses, ensuring they have access to “industry-leading telematics technology, AI and data insights, and local in-market support”.

Geotab says the integration of Verizon Connect’s commercial operations is effective immediately, making it the largest fleet management company in Ireland.

Irish customers of Verizon Connect can now expect a “seamless transition and continued access to high-quality telematics solutions”, now backed by Geotab’s “extensive global infrastructure and innovation capabilities”.

As part of the deal, Geotab is now responsible for over 400 Verizon Connect employees from across Australia and Europe. The acquisition does not include Verizon’s Connect’s product, engineering, and other non-sales focused teams.

“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 Australia and Europe 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.”