About This Deal

Danaher Corporation acquired Navman Wireless, a transaction completed in January 2012.

Navman Wireless operates in Industrial Technologies (telematics). Navman Wireless is a vehicle-tracking and fleet-management (telematics) business offering GPS-based tracking hardware and software for commercial fleets. It operates within Danaher's Gilbarco Veeder-Root platform.

Marked Danaher's entry into the vehicle tracking and fleet management market.

Deal Terms

Acquirer
Danaher Corporation
Target
Navman Wireless
Value
Not disclosed
Date
January 2012
Type
Full acquisition
Status
Ready

Transaction Details

Segment
Industrial Technologies (telematics)
Announced
January 1, 2012
Closed
January 1, 2012

In Their Words

We recently entered the vehicle tracking and fleet management market through our acquisitions of Navman Wireless in 2012 and Teletrac in 2013. Navman Wireless and Teletrac are leading global providers of vehicle tracking and fleet management hardware and software solutions.Danaher Corporation FY13 10-K, Item 1 Business description

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: Press release ↗

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