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Qualcomm Selling Omnitracs to Vista Equity Partners

2013-08-28 23:27:25| AutomotiveDigest.com - Automotive Industry News

Qualcomm Inc. has signed a definitive agreement to sell its fleet management and tracking business Omnitracs to Vista Equity Partners for $800 million in cash. Omintracs, formerly known as Qualcomm Enterprise Services, provides integrated fleet management applications, services and platforms to transportation and logistics companies. The company provides solutions for safety and compliance, driver retention, GPS fleet tracking, [...]The Article Qualcomm Selling Omnitracs to Vista Equity Partners appeared first on Automotive Digest.

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