Tuesday, November 8, 2011

Telogis Buys Telematics Firm

Aliso Viejo-based Telogis, a developer of telematics services, said Monday that it has acquired the insurance telematics and fleet management business of UTC Fire & Security, a division of United Technologies Corporation. Financial terms of the buy were not announced. Telogis said the buy will expand its presence in the insurance market.

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