RTTNews | Mar 16, 2021 08:10AM EDT

08:09 Tuesday, March 16, 2021 (RTTNews.com) - Spireon has acquired the LoJack U.S. Stolen Vehicle Recovery business from CalAmp (CAMP).

CalAmp noted that the integration of the LoJack U.S. business bolsters Spireon's position as the leading provider of aftermarket telematics for automotive dealers, while supporting CalAmp's focus on its strategic global software-as-a-service (SaaS) initiatives.

CalAmp said it will retain and continue to expand LoJack International, which operates as a subscription-based SaaS business, and CalAmp will also retain ownership of the LoJack patents and trademarks.

Read the original article on RTTNews ( https://www.rttnews.com/3177797/spireon-buys-lojack-u-s-stolen-vehicle-recovery-business-from-calamp.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved