Field service developer acquired by @Road

Feb. 1, 2005
Currently offering wireless fleet management services on a hosted, subscription basis, @Road Inc. has agreed to acquire Vidus Ltd., a British developer of field service automation applications. The deal, valued at $54.7 million, has been approved by the directors of both companies and is expect to close before the end of the first quarter. Vidus specializes in field service automation software for

Currently offering wireless fleet management services on a hosted, subscription basis, @Road Inc. has agreed to acquire Vidus Ltd., a British developer of field service automation applications. The deal, valued at $54.7 million, has been approved by the directors of both companies and is expect to close before the end of the first quarter.

Vidus specializes in field service automation software for mid- to large-size utilities, telecommunications companies and cable providers. Current customers include British Telecommunications and Cetrica/British Gas.

The acquisition will allow @Road to integrate those field service applications with its current scheduling, dispatching and routing services, according to the company. It should also allow @Road to extend to European and other international markets, the company says.

Vidus will remain in its current Ipswich, U.K. offices operating as a wholly owned subsidiary of @Road, which is headquartered in Fremont, CA.

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