Driving toward position as global leader in fleet and mobile resource management
Verizon Communications Inc. today announced completion of its $2.4 billion acquisition of Fleetmatics Group PLC for $60.00 per share in cash.
As a result, Fleetmatics shares will no longer be traded on the New York Stock Exchange. As a Verizon company, Fleetmatics, headquartered in Dublin, Ireland, with North American headquarters in Waltham, Mass., is now part of the Verizon Telematics business, which offers comprehensive wireless, software and hardware solutions to consumers, enterprises, automakers and dealers to power connected-vehicle products around the world.