Hot off the heels of its acquisition of Yahoo last week for $4.8 billion, today Verizon announced another huge purchase: it's buying Fleetmatics, a telematics company based out of Dublin, Ireland, for $2.4 billion in cash to build out the products that it offers to enterprises in the areas of logistics, or with workforces that are on the move, or for IoT services. The deal will… Read More
Source: TechCrunch