Toronto-based IoT company Geotab has acquired Intendia, a Spanish engineering firm specializing in integrated technology solutions for the heavy-truck market in Europe. Geotab said the acquisition will add to the company’s strong engineering capabilities and bring complementary technology into the company’s product portfolio.
Geotab specializes in the area of global positioning system fleet management and vehicle tracking, also known as telematics. The company was founded in 1996 but has been active in Canada’s startup space. The news comes two months after Geotab launched its smart cities and transportation accelerator program, Torque Labs.
“The extremely knowledgeable team at Intendia adds immense value to Geotab’s industry-leading engineering skills,” said Neil Cawse, Geotab’s CEO. “Geotab is enjoying rapid growth in Europe and the Intendia team will help to further enhance our ability to meet the unique needs of the European market by providing localized value-add to our customers as well as help grow our market potential.”
Geotab recently announced new offices in Rome and Paris, and has more than doubled its workforce in Europe over the last year. The company has also been included in Deloitte’s Technology Fast 500 list for North America.
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