Verizon Connect

History and performance indicators

2019

For July, 2019 the global headquarters of the company is located in Dublin, Ireland. The head office in the USA is in the city of Uoltem (State of Massachusetts).

2018: Among the largest IT companies of Europe

Data for 2018

2018: Verizon Connect formation

On March 6, 2018 Fleetmatics and other "subsidiaries" of Verizon — Telogis, Verizon Telematics — were joint under the uniform Verizon Connect brand.

2016

Verizon purchased FleetMatics

On August 1, 2016 the Verizon company announced intention to purchase Fleetmatics for $2.4 billion cash. The transaction was closed in November, 2016.

Inosat Global acquisition

In 2016 FleetMatics expanded the presence in Southern Europe due to Inosat Global acquisition.

2010

12.5 thousand enterprises clients worldwide

The FleetMatics company provides the systems of GPS tracking. As of December, 2010 FleetMatics is actively growing company financed by private equity. In total more than 12.5 thousand enterprises use solutions of FleetMatics worldwide. The systems of GPS tracking traffic allow clients of FleetMatics to reduce operating costs, having at the same time increased performance and having improved customer service quality.

Products

According to information for December, 2010 FleetMatics developed SaaS (SaaS — Software as a service, the software as service) for GPS tracking vehicles in real time. Software solutions of FleetMatics are intended for the companies which want to increase service quality of the clients, to manage quickly the activity and to increase efficiency of the transport and servicing divisions. Technological solutions of FleetMatics allow clients of the company to increase quickly profitability — due to revenue growth, cost reductions and increases arrived.

2004: Formation of Fleetmatics

In 2004 Fleetmatics Group PLC, the supplier of solutions SaaS of management of the motor transportation park is founded.