Powerfleet and MiX Telematics Merge, Creating 1.7 Million Subscribers
The combined business revenues total $279 million, including $210 million in recurring SaaS revenue.
Creating a 1.7-million subscriber base, Powerfleet PWFL 0.00%↑ and MiX Telematics MIXT 0.00%↑ announced this week that they will merge to form as a mobile IoT Software-as-a-Service provider. The companies say that the al…
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