Japanese location and navigation technology provider 7420 Zenrin DataCom has substantially increased its in presence in the Indian and South East Asian telematics sector with the acquisition of Singapore-based 7421 InfoTrack Telematics. As part of the acquisition, Zenrin-DataCom will become majority owner of Cert Infotrack Telematics, based in Bangalore, India.
The acquisition enables Zenrin-DataCom to accelerate expansion of its B2B location-based business, which includes a fleet tracking system, starting in India and emerging Asian countries and moving to the Middle East and North Africa.
Infotrack has a rapidly growing business operating in India and South East Asia, and boasts a solid customer base that includes logistics, transportation, and BPO companies, and maintains strength in the development of GPS-based solutions for enterprises and the provision of maintenance services.
Zenrin-DataCom released its navigation service in India in January 2013, and now expects to expand its B2B location-based businesses as well. Currently, India is seeing a dramatic increase in location based businesses, and the company aims to strengthen and expand its businesses based on skills and development capabilities which have been cultivated through extensive experience in Japan.
The acquisition enables Zenrin-DataCom to accelerate expansion of its B2B location-based business, which includes a fleet tracking system, starting in India and emerging Asian countries and moving to the Middle East and North Africa.
Infotrack has a rapidly growing business operating in India and South East Asia, and boasts a solid customer base that includes logistics, transportation, and BPO companies, and maintains strength in the development of GPS-based solutions for enterprises and the provision of maintenance services.
Zenrin-DataCom released its navigation service in India in January 2013, and now expects to expand its B2B location-based businesses as well. Currently, India is seeing a dramatic increase in location based businesses, and the company aims to strengthen and expand its businesses based on skills and development capabilities which have been cultivated through extensive experience in Japan.
