TelliQ acquires part of Swedish GPS tech firm

Swedish telematics company TelliQ has acquired part of GPS tech firm Axtech in a move which it says increases its customer base by 20%.

TelliQ will take over the Axtech’s RedKnow Driver Log, which documents vehicle routes, and a fleet management solution called Live Pro Fleet.

Åsa Eklund, CEO of Axtech, says TelliQ’s “product range and industry knowledge in the fields of Internet of Things and connected vehicles will provide our customers with good and modern solutions and products”.