Technology Industry
Industry: Email Alert RSS Feed@Road to Acquire MDSI Mobile Data Solutions
Telecommunications Mergers & Acquisitions, June, 2004 by Anonymous
BUSINESS SERVICES
@Road, a provider of mobile resource management (MRM) services, and MDSI, provider of mobile workforce management software solutions, recently announced that they have signed a definitive agreement providing for the acquisition of MDSI by @Road.
The planned acquisition of MDSI positions @Road to use software sales and installations to drive new services and subscriptions to a worldwide market. @Road intends to cross-sell the companies' solutions, as well as to further develop the combined technologies in order to provide customers with seamlessly integrated services. In addition, the acquisition of MDSI allows @Road to further penetrate key vertical markets, including utilities, telco, and cable and broadband markets.
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