Truck-Lite finalizes acquisition of TrackPoint Systems, LLC
Truck-Lite Co., LLC (Falconer, New York)
completed the acquisition of TrackPoint Systems, LLC, a premier supplier of asset management solutions to the transportation, utility, construction, oilfield and government sectors.
Truck-Lite entered a joint development project with TrackPoint in January 2017 with the goal of communicating information from Truck-Lite's industry-first Light-Out Detection System to a fleet's back office. TrackPoint's solar-powered and wireless capabilities significantly complemented the Road Ready by Truck-Lite technology roadmap; since then, Road Ready by Truck-Lite has developed into an independent business unit and provides the industry's first true smart trailer network tied to telematics.
"Entering an agreement with TrackPoint was a key factor in Truck-Lite's emergence as a leading telematics systems provider," said Brian Kupchella, CEO, Truck-Lite. "By combining our resources and expertise, we've built the most dynamic and customizable trailer telematics network available."
For more information, visit truck-lite.com.
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