Verizon Purchasing Fleetmatics

by Michael Levanduski Verizon is continuing their ‘shopping spree’ with a recently announced deal to buy the GPS vehicle-tracking company, Fleetmatics Group. This Ireland based company is the latest purchase, announced about a week after the announcement that they were buying Yahoo for $4.8 billion. Interestingly, this company that is far less well known is being purchased at a value of about $2.Read the full article