 Chris Wolfe |
I.D. Systems, a leading provider of enterprise asset management technology, will combine the operations of its existing vehicle management systems (VMS) division with the recent successful acquisition of Keytroller. This new business unit will operate as I.D. Systems' PowerFleet division that focuses on the delivery of industrial truck management systems (ITMS).
Chris Wolfe, I.D. Systems CEO, says: "The acquisition of Keytroller in 2017 provided I.D. Systems with a broader portfolio of products that allows us to service every customer, large and small. To ensure continued success and growth, it was logical to bring our VMS and Keytroller teams together. This allows I.D. Systems to create a seamless sales, marketing, engineering and support group to better serve our customers, partners and employees."
The new business unit will be led by Mark Stanton, who has been promoted to VP and GM of the PowerFleet division. Stanton has led the VMS business unit for the past four years and was an integral part of the Keytroller acquisition and transition into I.D. Systems.
"I am very excited at the potential for these two organisations to merge together into one unified operation," says Stanton. "It is a great opportunity for the team to continue with the strong market momentum we have created, and it will also enable us to optimally support our customers and partners as they grow their businesses together with our PowerFleet solutions."
The PowerFleet division will be relocating to new facilities in the Tampa area at the end of 2018. A centre of excellence will be created at this location to drive innovation within product engineering, development, testing, and customer support. The facility will become the engine for new, innovative, world-class products for the industrial truck market.
Keytroller founder Terry Wickman will remain actively involved with the transition within the role of international business development.