CalAmp buys vehicle tracking services firm for $6.5M+

|About: CalAmp Corp. (CAMP)|By:, SA News Editor

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.