Orbcomm Expands Telematic Services with Inthinc Acquisition

Photo: Orbcomm.

Orbcomm announced it has acquired the assets of inthinc. Based in Salt Lake City, Utah, inthinc provides fleet management and driver safety solutions to industrial enterprises and is a long-time customer of Orbcomm’s wireless data services. Inthinc’s vehicle telematics solutions focus on improving driver safety, operational efficiency, regulatory compliance and workforce optimization through the two-way integration of in-vehicle devices, smart mobile devices, web applications, and data management services.

Through this acquisition, Orbcomm aims to expand inthinc’s core telematics services to its existing transportation and heavy equipment markets and broaden inthinc’s global footprint through its widespread distribution channels.

According to ithinc, many of its customers operate in remote regions supporting industrial facilities, which makes its dual-mode satellite and cellular product offerings valuable by providing immediate verbal feedback and coaching for drivers as well as driver performance metrics regarding safety and speed limit compliance. Customers who use inthinc’s solutions experience reductions in accidents as well as ROI-based savings in vehicle performance, fuel management and maintenance, the company stated.

“Inthinc’s offering complements and strengthens our existing transportation and heavy equipment product portfolio, allowing our customers to access a broader set of asset monitoring solutions,” said Marc Eisenberg, Orbcomm Chief Executive Officer (CEO).