Thomas Fansler, president of Trimble Transportation MobilityTrimble has acquired a privately-held mobile fleet management provider, Veltec, in Brazil.
The acquisition expands Trimble’s global footprint and extends its fleet safety and efficiency offerings to new markets, according to the announcement.
Veltec’s business will be reported as part of Trimble’s Transportation Segment, which includes brands formerly known as PeopleNet and TMW Systems.
“Veltec has established itself as an innovative leader in Brazil providing fleets with solutions to maximize safety and performance,” said Thomas Fansler, president of Trimble Transportation Mobility. “With this acquisition, we look to collaborate on delivering new technology for our customers, expand our footprint and further our vision of improving transportation and logistics throughout the world.”
Veltec’s fleet mobility platform consists of in-vehicle devices and back office software to provide visibility of driver and fleet performance in ways that help reduce accidents, improve individual driver and vehicle performance and fuel efficiency.
“For more than a decade, Veltec has diligently focused on helping our customers get the insights they need to operate safer and more effectively,” said Dalton Swain Conselvan, managing director for Veltec, which is based in Londrina, Brazil. “We are excited to join Trimble and to be a part of an organization that shares this commitment to advancing the safety and efficiency of transportation everywhere.”
Financial terms were not disclosed.
