Infobric Group Acquires TelliQ AB
January 14, 2020
Infobric Group acquired TelliQ AB in January 2020, adding one of Sweden’s largest telematics and fleet management businesses to its group. The acquisition positions Infobric to expand its digital services into fleet management for construction, haulage and other transport-heavy industries; TelliQ recorded SEK 105 million revenue in 2019 and has over 80,000 connected units.
- Buyers
- Infobric Group
- Targets
- TelliQ AB
- Platforms
- Infobric Group
- Industry
- Cloud & SaaS
- Location
- Sweden
- Transaction Type
- Addon
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