CHICAGO — Telular Corporation announced on Monday its acquisition of SMARTLogix.
Telular is a global technology company based in Chicago, and provider of IoT (Internet of Things) solutions for commercial telematics, security and bulk storage management. SMARTLogix is a provider of petroleum management, inventory and transportation of logistics solutions.
Telular owns security vendor Telguard.
SMARTLogix had been a long-time partner of Telular’s and was an exclusive provider of Telular’s tank monitoring solutions to the petroleum distribution industry. SMARTLogix, based out of Fort Mill, S.C., will be part of Telular’s SkyBitz division.
“We are excited to add SMARTLogix to Telular’s SkyBitz portfolio and to offer a powerful platform for petroleum distributors to better manage their fleets and drive significant cost savings across their entire operation,” Telular Corporation CEO Doug Milner said. “SMARTLogix’ SMARTruck and SMARTank fleet applications are ideal additions to SkyBitz’ growing suite of solutions that offer our customers significant ROI benefits along with new and unique insights into their operations.”
Rick Martin, founder and CEO of SMARTLogix, said the company is thrilled to join Telular.
“Both companies place heavy emphasis on continuous innovation and products and services that can deliver huge operating benefits to our customers,” he said. “Our combined strengths and technical resources will allow us to accelerate new applications and solutions into the market.”
