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.

From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs