Seeking Alpha

CalAmp buys vehicle tracking services firm for $6.5M+

  • CalAmp (CAMP) has acquired Radio Satellite Integrators (RSI), a provider GPS-based vehicle tracking and other data services (made accessible through a cloud software platform) to city and county agencies, for $6.5M in cash + performance incentives. (PR)
  • RSI had revenue of $5M over the last 12 months, and was profitable. CalAmp states the deal improves its lineup of public safety solutions for state and local agencies.
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