Wednesday, January 30, 2013

Danaher Acquires Navman Wireless for Fleet Management

Danaher Corporation agreed to acquire Navman Wireless, a provider of GPS-based fleet and asset management technology, for an undisclosed sum.

Navman's technology currently monitors more than 175,000 vehicles owned by over 14,000 organisations on five continents, making Navman Wireless one of the world's largest fleet management providers. The company reports five successive years of revenue and installed base growth.

Danaher plans to operate Navman as a standalone company, retaining its brand, facilities and personnel. Navman is based in Glenview, IL.

  • Some of Danaher's previous acquisitions in the networking field include: VSS Monitoring, Arbor Networks, Tektronix, Visual Networks, and Fluke.