Telstra has announced the acquisition of Australian-owned MTData, a provider of GPS and telematics fleet management solutions to help drive IoT growth in Australia and internationally.
MTData delivers solutions that assist customers with compliance and safety, improving productivity and reducing operating costs.
Michelle Bendschneider, executive director of Telstra Enterprise, said the acquisition will provide it with the technical capability and software expertise necessary to help fast track its Enterprise Connected Vehicle offering as part of its growing business-ready IoT ecosystem.
“This strategic acquisition will enable us to capitalize 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,” she said.
Matthew Bellizia, CEO and co-founder, MTData, said: “Telstra is the right partner for MTData. There are strong synergies with our technology and customer focused cultures and through our integration we will provide customers with access to new and existing technologies like Telstra’s IoT offerings,” said Bellizia.