Verizon to buy GPS tracking company Fleetmatics for $2.4 billion

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Verizon to buy GPS tracking company Fleetmatics for $2.4 billion

Verizon to buy GPS tracking company Fleetmatics for .4 billion

(Reuters) – Verizon Communications Inc said it will buy GPS vehicle tracking company Fleetmatics Group Plc for about .4 billion in cash to expand into the connected vehicle and fleet management market.

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