SALISBURY — Navtrak, the Salisbury-based leader in mobile resources that provides real-time GPS information for fleet management, has been acquired by a California location-intelligence firm positioning for a greater reach into small and mid-sized markets.
Telogis Inc. made the announcement Tuesday, saying the acquisition affords Navtrak customers the benefit of a software-as-a-service enterprise platform that manages mobile workers and assets, known as SaaS applications.
The acquisition was a surprise to Salisbury-Wicomico Economic Development Corp. Executive Director David Ryan, whose desire is to keep the operation founded by Salisbury native Ron Hodges in the local market.
“The company is in the GPS business and is very successful from what I know,” Ryan said Thursday upon hearing the news. “I hope the new ownership will maintain operations here.”
Telogis declined to comment on the impact the Navtrak acquisition would have on jobs or corporate structure at the Northwood Industrial Park firm.
“At this time, we are going to refrain from making any additional comments above and beyond what is said in the news release,” said Bill Elverman, whose Two Rivers Marketing provides marketing services for Telogis, based in Aliso Viejo, Calif.
According to the company, the acquisition, along with a strong organic growth rate, further positions Telogis as the fastest-growing enterprise SaaS provider of location-based intelligence solutions. A partnership forged in 2011 positioned Telogis as the exclusive SaaS
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