LoJack, TomTom Form Strategic Alliance
LoJack and TomTom are joining forces to offer fleet management and vehicle protection services, the two companies announced last week. The new business venture will be marketed under the LoJack Automotive Dealership and Commercial Distribution Networks brand name.
CANTON, Mass. and CONCORD, Mass. — LoJack Corp. has entered into a strategic alliance with TomTom Inc., a supplier of location and navigation products and services. Through this alliance, LoJack will offer fleet telematics solutions beginning in the first quarter of 2013 to small and medium business owners, commercial fleets, automotive dealerships and law enforcement agencies.
Company officials said the initial offering is one of many the two companies expect to deliver to consumers and auto dealerships.
LoJack will market, install and service a range of TomTom Business Solutions products and services, including its highly regarded SaaS fleet management service, WEBFLEET. The LoJack offering will provide business owners the opportunity to use GPS/GSM technology to address higher fuel costs, optimize routing with real-time traffic data, and address unsafe driving behavior with WEBFLEET.
The two organizations will also integrate TomTom’s hardware, software, back-end data and SaaS services within LoJack’s Stolen Vehicle Recovery Network technology.
“This strategic alliance enables both companies to strengthen their position as best-in-class providers of automotive technology,” said Thomas Schmidt, TomTom Business Solutions’ managing director. “LoJack’s far-reaching market presence will introduce TomTom’s fleet management technology to new business markets in North America and enable existing LoJack customers to benefit from a full fleet management solution.”
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