December 21, 2024
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CalAmp expanding internationally with acquisitions

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Oxnard telematics company CalAmp announced its expansion into Mexico, the United Kingdom and other territories, with the acquisition of LoJack licensee Car Track and UK-based telematics firm Tracker. CalAmp will purchase 87.5 percent of the Car Track shares it doesn’t currently own for $13 million in cash, the company said in a news release Feb.…

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