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29:
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Communication (formerly known as
Pacific Telesis) in exchange for 49% equity of the company. Teletrac launched two service offerings in 1990 for its flagship Los Angeles market: a consumer service called "Stolen Vehicle Location Services" and a fleet/enterprise service called "Corporate Vehicle
206:
In 2001, Trafficmaster purchased
Teletrac in order to expand into the United States. The Teletrac brand was retained for the subsidiary. In early 2002, the company pulled out of the fleet management market in Europe after issuing two profit warnings.
194:
Founded in the United
Kingdom in 1988 by entrepreneurs David Martell and Ian Williams, Trafficmaster provided road congestion information to drivers, using a network of sensors on major roads. The company was floated on the
232:; it was reported that Vector made three-times return with the sale. Teletrac was among the businesses spun off in 2016 to create Fortive, and in 2020 Fortive split out its transportation businesses to create Vontier.
219:
Vector
Capital in 2010, in a deal valued at $ 145 million. The company was taken private after the purchase. Prior to the purchase, the bulk of Trafficmaster's income came from its operations in the United States.
278:
platform. It has been used for numerous purposes over the years including tracking stolen vehicles and monitoring fuel consumption. The software platform has built-in capabilities that track for compliance with
567:
266:
The company's initial product was stolen vehicle location and corporate fleet vehicle location, using a technique called Time
Difference of Arrival (TDoA) Multilateration. Specialized
436:
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receivers became affordable, Teletrac discontinued its network-based positioning system and began marketing products and services centered around a cloud-based
284:
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as well as compliance with electronic driver logs. Its capabilities allow for the tracking of a few vehicles or a fleet of vehicles for larger companies.
911:
270:
and receivers were installed throughout a city, and vehicles equipped with special transmitters could have their location determined on command. Once
199:
in 1994 and expanded into
Germany and other countries; it added fleet management and stolen vehicle tracking to its services. By 2000, during the
921:
916:
460:
255:
In 2016, the company rebranded as
Teletrac Navman and the UK company was renamed from Trafficmaster Limited to Teletrac Navman (UK) Ltd.
801:
151:
fleet tracking software, stolen vehicle tracking and connected services such as eCall, bCall and
Concierge and is a subsidiary of
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61:
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Teletrac was founded as
International Teletrac Systems in 1988. It received initial funding from a unit of
794:
196:
140:
850:
824:
229:
216:
144:
303:
249:
182:
Teletrac was purchased from
Airtouch in 1996 by James McQueen and its headquarters were moved to
492:
840:
203:, the company was valued at £650 million and had partnerships with several car manufacturers.
168:
Location services". Los Angeles was followed by Detroit, Miami, Dallas, Chicago, and Houston.
258:
In 2024, Teletrac Navman was awarded best vehicle tracking provider by BusinessPrices.co.uk.
787:
295:
183:
119:
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94:
693:
890:
865:
275:
267:
176:
406:
855:
642:"Teletrac and Navman Wireless Announce Merger Creating Global Telematics Leader"
522:
307:
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47:
171:
In 1991, following the lifting of information services restrictions from the
870:
860:
617:"What Wall Street Is Saying About Industrial Firm Fortive's Upcoming Split"
28:
544:
759:
164:
810:
298:-based TCU connectivity to brands in the UK, Europe, United States and
294:
Teletrac Navman diversified into connected services in 2020, providing
152:
99:
51:
241:
335:
110:
783:
228:
In 2013, Vector Capital sold Teletrac to American conglomerate
271:
148:
147:, with offices in the United Kingdom. It provides cloud-based
719:"Top 10 vehicle tracker providers in the UK – 2024 verdict"
568:"Vector Sells GPS Services Business for Three-Times Return"
493:"Vector Capital wraps up USD145m takeover of Trafficmaster"
779:
590:"Fortive Announces New Global Industrial Company: Vontier"
248:
devices, and the resulting company was headquartered in
358:"History of AirTouch Communications – FundingUniverse"
331:"Navman Wireless takes its telematics back-end to AWS"
669:"Navman Wireless and Teletrac announce unified brand"
833:
817:
515:"Washington Area Business Diary for Week of Aug 12"
179:and the company became known as AirTouch Teletrac.
105:
93:
83:
67:
57:
43:
35:
459:
437:"Trafficmaster sold to US private equity for £73m"
374:
795:
8:
907:Companies based in Orange County, California
461:"Trafficmaster shares hit by profit warning"
21:
802:
788:
780:
240:Teletrac merged in 2015 with Taiwan-owned
118:
27:
20:
287:. The software can be used for basic GPS
760:"ABout Teletrac - Our Company's History"
927:Software companies of the United States
555:from the original on November 23, 2014.
458:Vaughan-Adams, Liz (January 24, 2002).
322:
902:Software companies based in California
897:Software companies established in 1988
566:Wursthorn, Michael (August 2, 2013).
7:
430:
428:
369:
367:
215:Trafficmaster plc was purchased by
14:
912:1988 establishments in California
521:. August 12, 2013. Archived from
472:from the original on May 26, 2022
387:from the original on May 26, 2022
736:King, Suzanne (April 19, 1998).
740:. Kansas City Business Journals
667:Barry, Robert (July 19, 2016).
615:Root, Al (September 28, 2020).
435:Neate, Rupert (June 2, 2010).
407:"Traffic jam firm in a pickle"
1:
922:2013 mergers and acquisitions
917:2010 mergers and acquisitions
491:Swamy, Mini (July 30, 2010).
846:Gems Sensors & Controls
738:"New program tracks fleets"
224:Danaher / Fortive / Vontier
943:
694:"TELETRAC NAVMAN (UK) LTD"
175:, AirTouch increased its
143:company headquartered in
62:Global Positioning System
26:
73:Garden Grove, California
594:Industrial Distribution
173:AT&T consent decree
545:"About Trafficmaster"
197:London Stock Exchange
141:software as a service
851:Gilbarco Veeder-Root
723:BusinessPrices.co.uk
825:Everett, Washington
519:The Washington Post
230:Danaher Corporation
217:private equity firm
145:Southern California
23:
646:www.prnewswire.com
596:. January 20, 2020
411:BBC News: Business
383:. August 9, 2000.
884:
883:
841:Fluke Corporation
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125:
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525:on April 7, 2016
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376:"The jam buster"
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289:vehicle tracking
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16:SAAS corporation
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698:Companies House
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648:. March 3, 2015
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466:The Independent
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413:. June 27, 2001
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381:The Independent
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242:Navman Wireless
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184:Kansas City, MO
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133:Teletrac Navman
113:.teletracnavman
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22:Teletrac Navman
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246:GPS navigation
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211:Vector Capital
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201:dot.com bubble
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866:Setra Systems
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244:, a maker of
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190:Trafficmaster
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137:Trafficmaster
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39:Trafficmaster
38:
34:
30:
25:
19:
875:
834:Subsidiaries
818:Headquarters
769:September 9,
767:. Retrieved
763:
754:
744:September 9,
742:. Retrieved
731:
722:
713:
701:. Retrieved
697:
688:
676:. Retrieved
672:
662:
650:. Retrieved
645:
636:
624:. Retrieved
620:
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598:. Retrieved
593:
584:
574:September 9,
572:. Retrieved
570:. Down Jones
561:
548:
539:
529:September 9,
527:. Retrieved
523:the original
518:
509:
497:. Retrieved
486:
474:. Retrieved
465:
453:
443:September 9,
441:. Retrieved
415:. Retrieved
410:
401:
389:. Retrieved
380:
352:
340:. Retrieved
334:
325:
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276:GPS tracking
265:
257:
254:
239:
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193:
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177:equity stake
170:
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132:
131:(branded as
128:
127:
68:Headquarters
44:Company type
18:
856:Matco Tools
626:October 12,
600:October 12,
439:. Telegraph
300:Australasia
135:; formerly
85:Area served
891:Categories
703:August 16,
678:August 16,
652:August 16,
495:. TMC News
476:August 16,
417:August 16,
391:August 16,
318:References
312:Land Rover
48:Subsidiary
871:Tektronix
861:Qualitrol
342:August 2,
876:Teletrac
764:Teletrac
673:Autotalk
621:Barron's
553:Archived
551:. 2014.
549:Teletrac
470:Archived
385:Archived
302:such as
262:Products
250:Glenview
165:AirTouch
129:Teletrac
58:Industry
36:Formerly
811:Fortive
159:History
153:Vontier
139:) is a
106:Website
100:Vontier
52:Vontier
499:May 3,
308:Jaguar
252:, IL.
236:Navman
95:Parent
89:Global
336:ZDNet
296:cloud
285:FMCSA
771:2014
746:2014
705:2020
680:2020
654:2020
628:2020
602:2020
576:2014
531:2014
501:2016
478:2020
445:2014
419:2020
393:2020
344:2015
310:and
304:Ford
283:and
281:EOBR
115:.com
78:U.S.
314:.
272:GPS
149:GPS
111:www
50:of
893::
762:.
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696:.
671:.
644:.
619:.
592:.
547:.
517:.
468:.
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427:^
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366:^
333:.
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630:.
604:.
578:.
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503:.
480:.
447:.
421:.
395:.
360:.
346:.
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
