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Wireless

Viasat acquires majority stake in Spain's MobileFleet

Monday 30 January 2017 | 10:29 CET | News
Italian telematics service provider Viasat Group has announced that its Spanish subsidiary has acquired a majority stake in Madrid-based location services firm MobileFleet for an undisclosed sum. MobileFleet specialises in real-time fleet monitoring, vehicle security and GPS services and has a strong Latin American presence as well as a Chilean subsidiary which is also included in the deal. Viasat said the acquisition will serve to increase its presence in Spain and Latin America.

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Categories: Mobile & Wireless
Companies: ViaSat
Countries: Spain
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