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TomTom Acquires Coordina based in Spain
The Spanish company adds 27,000 subscribers to TomTom Business Solutions that now reaches an installed base of 300,000 active units.
TomTom Business Solutions is one of Europe's fastest growing providers of fleet management services, delivered as a web based "Software as a Service" (SaaS).

Thomas Schmidt, TomTom Business Solutions' Managing Director: "The acquisition of Coordina will enable us to deliver our highly innovative and easy-to-use products in combination with our award winning TomTom WEBFLEET services to more Spanish fleets faster. It gives us also access to a first class team with a similar culture, a broad and strong local sales network and a well-established local service hub. The large, currently underpenetrated Spanish market, is expected to grow strongly during the next years."

By adding 27,000 subscriptions from Coordina, TomTom Business Solutions will reach an active installed base of more than 300,000 vehicles which services 25,000 customers, the largest customer base in the industry.
MWC
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