Acquisition Moves Telstra Into Driverless-Vehicles Industry
MELBOURNE – Also in acquisition mode is Telstra, which has acquired GPS telematics and fleet management services outfit MTData.
“The MTData acquisition provides Telstra with advanced technology and deep domain expertise in connected-vehicle solutions,” said Michelle Bendschneider, executive director at Telstra Enterprise.
“This is in line with our Internet of Things growth strategy and leverages from investment in the IoT footprint on our mobile network, which is the largest in Australia and one of the largest in the world.
“This strategic acquisition will enable us to capitalise on the business-ready IoT capability on our network, deliver IoT solutions to our customers in the heavy vehicle industry and supports a natural transition towards future autonomous vehicle technologies.”