Navman Wireless, a provider of
advanced fleet and asset management technology used to optimize business and
government fleets as well as heavy equipment operations, today announced its
acquisition by Danaher Corporation DHR, a Fortune 250 science and
technology company. Navman Wireless will function as a standalone Danaher
operating company, retaining the Navman Wireless brand as well as its
personnel and locations.
The transaction follows a record 2012 for Navman Wireless and five successive
years of revenue and installed base growth during which the company has
dramatically expanded its OnlineAVL2 fleet and asset management platform,
entered new vertical sectors including local services, transportation,
construction, cold chain, mining, and oil and gas, and opened new geographic
markets including Mexico, Italy, China and Taiwan.
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