Teletrac and Navman Wireless merge to create new telematics company
GLENVIEW, Ill.—GPS fleet and asset tracking companies Navman Wireless and Teletrac Inc. have merged to create a global telematics organization.
The combined company will be run by an executive management team selected from both Teletrac and Navman Wireless. TJ Chung, Navman Wireless president, will lead the new organization, which will continue to operate under both the Navman Wireless and Teletrac brands and fully support all current customers and platforms.
The combined resources of Navman Wireless and Teletrac will expand the company to a geographically diverse market, with offices across the globe on multiple continents.
“We expect that both Navman Wireless and Teletrac customers will be able to greatly leverage the enhanced feature set in the coming years as a result of this combination,” said Mike Jarvinen, vice-president of marketing for the joint company. “Our future customers will see the added benefit of leveraging innovations from two leading companies.”