Zenrin DataCom Co., Ltd. has acquired InfoTrack Telematics Pvt. Ltd. for an undisclosed consideration.
Founded in 1948 in Japan, Zenrin DataCom Co., Ltd. is a leading producer of mapping software used in personal computers and automotive navigation systems.
InfoTrack Telematics Pvt. Ltd. designs and develops telematics and location intelligence solutions for transportation and logistics companies in the Middle East and the Asia-Pacific region, and specializes in providing flexible fleet management systems, automatic taxi dispatch systems, and car rental applications. The company’s products include Info Track, a website-based track and trace solution that supports various vertical segments; Info Dispatch, an automatic dispatch solution; Info Lease, an automated solution for car rental companies; and Info Recover, a solution for car dealers and automobile associations. Founded in 2004 and based in Singapore, InfoTrack Telematics Pvt. Ltd. was formerly known as InfoTrack Solutions Pte. Ltd. The company has operations in Abu Dhabi, Singapore, and India.
Oaklins' team in Japan acted as financial advisor to the buyer in this transaction.
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