VisionTrack has completed the acquisition of SkyLab Solutions to accelerate its expansion into the US marketplace.
The multi-million-pound deal for the California-based, fast-growing, fleet technology business represents the company’s first major investment in North America and will support the roll-out of its award-winning video telematics solution in the region.
The Skylab Solutions team will join the recently formed VisionTrack Inc business. The company will continue to support existing Skylab Solutions customers, with a focus moving forward to capitalise on VisionTrack’s relationships with many of the world’s leading telematics providers and target enterprise fleets. To achieve this, VisionTrack will introduce a range of PTCRB-and FCC-approved, next-generation AI dashcams and MDVRs that are underpinned by its Microsoft Azure, US-hosted IoT platform, Autonomise.ai.
VisionTrack will rapidly scale-up the US venture, adding extra channel business development, account management and technical support resource, as well as creating a US-based DevOps team. In addition to increasing the headcount, the company will also expand its office network and warehousing capabilities to create the infrastructure needed to drive the targeted growth.
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