195:
185:
362:, allowing for a secured deal with its lenders to swap its $ 229 million in bonds for equity. The company stated that its financial state has been bleak for many years, blaming its acquisition of LoJack and an ill-fated program that stretches customer's payment terms. After CalAmp restructured, it was taken private by a company called Lynrock Lake LP.
344:
By 2016, the company had phased out its DBS business and shifted its focus to SaaS-based telematics products and services. In
February, CalAmp announced it was acquiring stolen vehicle recovery company LoJack Corporation, for $ 134 million, and the deal closed in March. In April, the company
355:. In March 2019, the company acquired two LoJack licensees, Car Track in Mexico, and Tracker in the United Kingdom. In April, the company acquired fellow telematics provider Synovia Solutions for $ 50 million. In March 2020, CEO Michael Burdiek retired, and was replaced by Jeff Gardner.
27:
945:
345:
announced it was moving its headquarters from Oxnard to Irvine, California. In
September, the company introduced the LoJack LotSmart automotive dealer inventory management solution and LoJack SureDrive connected car app.
1096:
275:. The company originally made amplifiers and other equipment used to transmit microwave signals for satellite video and broadband communications. The company began trading on NASDAQ in 1983.
383:
1086:
1081:
720:
255:-based applications for remotely tracking and managing vehicles, drivers, cargo and other mobile assets. The company also owns the patents and trademarks for the
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341:
In April 2015, CalAmp bought telematics startup
Crashboxx, a provider of a vehicle risk management system for insurance companies and fleet operators.
695:
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351:
In
January 2019, the company launched a smartwatch-sized pet tracking device called Maven, in conjunction with logistics software company
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In
February 2013, the company announced a stock offering that was intended in part to fund the Wireless Matrix Corp purchase.
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In 2007, the company acquired the
Aercept Vehicle Tracking business from wireless telematics service provider AirIQ.
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306:-based wireless radio company Dataradio, to expand its wireless data communications business for public safety and
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In
December 2003, the company acquired communications software company Vytek Corp, for $ 76.8 million.
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946:"CalAmp acquires Car Track and Tracker to accelerate global expansion of connected car services"
593:"California Amplifier to Webcast Management Discussion of Vytek Corporation Pending Acquisition"
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543:
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332:
272:
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289:(DBS) market by acquiring Texas-based Gardiner Group, a satellite dish component provider.
271:
in 1981, by Jacob Inbar and David
Nichols, who worked together at a microwave division of
319:
259:
Stolen
Vehicle Recovery System and provides connected car and lot management products.
248:
871:"Connected-car peace of mind now on tap with LoJack's SureDrive car security platform"
335:-based fleet management application provider Wireless Matrix Corp for $ 53 million.
26:
1075:
1050:
477:
45:
448:"Restructuring After Brush With Bankruptcy : Amplifier Firm Forced to Retune"
820:
310:(M2M) applications. It also acquired the mobile resource management line from
352:
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328:
By 2010, the company was focused on selling IoT hardware and DBS solutions.
315:
821:"BRIEF-CalAmp completes acquisition of Lojack; sees q4 EPS of about $ 0.32"
696:"CalAmp Licenses Patents For Vehicle Location Technology To SKYWATCH GPS"
348:
In March 2016, CalAmp acquired the LoJack company for $ 134 million.
256:
51:
243:(IoT) software applications, cloud services, data intelligence and
252:
70:
1022:"CalAmp, a Fleet-Tracking Software Maker, Files for Bankruptcy"
331:
In
December 2012, the company announced the acquisition of
299:. In August, the company changed its name to CalAmp Corp.
247:
products and services. The company's technology includes
1066:
282:, and stopped making amplifiers for the consumer market.
846:"Wireless firm CalAmp to shift HQ to Irvine from Oxnard"
721:"CalAmp (CAMP) to Acquire Wireless Matrix in $ 53M Deal"
1097:
Companies that filed for Chapter 11 bankruptcy in 2024
221:
771:"CalAmp buys insurance telematics startup Crashboxx"
389:. secfilings.nasdaq.com. 2020-05-05. Archived from
267:CalAmp was founded as California Amplifier Inc. in
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84:
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43:
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506:"CalAmp Move from Oxnard Adds to Tech Sector Here"
746:"CalAmp to offer 4.2M shares to fund acquisition"
896:"LoJack Agrees to $ 134 Million Sale to CalAmp"
796:"LoJack Agrees to $ 134 Million Sale to CalAmp"
921:"Pet Tracking Device a New Market for CalAmp"
8:
19:
646:"CalAmp Completes Dataradio Buy For $ 54M"
566:"California Amplifier Agrees to Buy Vytek"
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376:
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420:"Where Will CalAmp Corp. Be in 5 Years?"
295:In March 2004, the company relocated to
1087:Companies formerly listed on the Nasdaq
414:
412:
410:
384:"CalAmp 2020 Annual Report Form (10-K)"
370:
621:"California Amplifier: Call Us CalAmp"
278:By 1986, the company had relocated to
1082:Companies based in Irvine, California
539:"California Amplifier Stays Prepared"
7:
671:"CalAmp acquires M2M from TechnoCom"
1047:"Lynrock Lake Takes CalAmp Private"
971:"CalAmp Acquires Synovia for $ 50M"
322:and fleet management applications.
1107:Intelligent transportation systems
302:In May 2006, the company acquired
14:
314:-based location tracking company
285:In 1999, the company entered the
194:
193:
184:
183:
996:"CalAmp Names Jeff Gardner CEO"
1000:Orange County Business Journal
925:Orange County Business Journal
510:Orange County Business Journal
198:US$ 363.8 million (2019)
188:US$ 366.1 million (2020)
1:
1092:Companies established in 1981
1020:Yarek, Becky (June 3, 2024).
950:Asset Finance International
90:; 43 years ago
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358:In 2024, CalAmp filed for
287:direct broadcast satellite
24:
16:American software company
269:Newbury Park, California
1117:Supply chain management
1026:The Wall Street Journal
522:(subscription required)
142:iOn Telematics Services
139:CalAmp Telematics Cloud
54:: CAMP (1983-2024)
360:Chapter 11 bankruptcy
280:Camarillo, California
975:The Automotive Fleet
318:to offer enterprise
312:Carlsbad, California
148:iOn Tags, iOn Vision
239:-based provider of
208:Number of employees
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1132:Vehicle technology
1127:Vehicle telematics
1112:Internet of things
308:machine to machine
297:Oxnard, California
241:Internet of things
237:Irvine, California
233:CalAmp Corporation
165:Here Comes The Bus
162:Telematics Devices
108:Irvine, California
20:CalAmp Corporation
1137:Wireless locating
1053:. August 1, 2024.
1049:(Press release).
875:digitaltrends.com
725:streetinsider.com
625:Multichannel News
571:Los Angeles Times
544:Los Angeles Times
478:"sec news digest"
453:Los Angeles Times
333:Herndon, Virginia
273:Eaton Corporation
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902:. 2016-02-01
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802:. 2016-02-01
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752:. 2013-02-12
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727:. 2012-12-20
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702:. 2008-02-06
700:gpsdaily.com
699:
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677:. 2006-05-30
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652:. 2006-05-30
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627:. 2004-08-04
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602:. 2004-03-10
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574:. 2003-12-24
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547:. 2002-12-02
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512:. 2013-02-12
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489:. Retrieved
487:. 1983-10-13
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458:. Retrieved
456:. 1986-07-20
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426:. 2017-12-30
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398:. Retrieved
391:the original
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251:devices and
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168:Bus Guardian
103:Headquarters
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825:reuters.com
1122:Telematics
1076:Categories
1006:2020-09-30
981:2020-09-30
956:2020-09-30
931:2019-01-29
906:2021-08-06
881:2018-09-05
856:2018-09-05
831:2018-09-05
806:2018-09-05
781:2018-09-05
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578:2018-09-05
551:2018-09-05
516:2018-09-05
491:2018-09-05
460:2018-09-05
430:2018-09-05
400:2020-09-30
366:References
353:CargoSense
245:telematics
120:Key people
66:Telematics
316:TechnoCom
145:CrashBoxx
46:Traded as
424:fool.com
133:Products
59:Industry
1031:June 5,
900:wsj.com
800:wsj.com
485:sec.gov
263:History
217:Website
176:Revenue
93: (
85:Founded
38:Private
257:LoJack
235:is an
222:calamp
152:LoJack
52:Nasdaq
596:(PDF)
481:(PDF)
394:(PDF)
387:(PDF)
1033:2024
253:SaaS
224:.com
113:U.S.
95:1981
88:1981
71:SaaS
126:CEO
76:IoT
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Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
