PRESS RELEASE
CalAmp Merges SmartDriverClub Assets into Tracker
Tracker and SmartDriverClub combined expertise set to disrupt telematics insurance and dealership marketplace in U.K. and beyond
LONDON and IRVINE, CA – February 4th, 2020 - CalAmp (Nasdaq: CAMP), a global technology solutions pioneer transforming the mobile connected economy, today announced it is merging the remaining assets of SmartDriverClub Group (“SmartDriverClub”), the U.K.-based driver behavior data specialists into CalAmp’s Tracker UK operations. The combination of SmartDriverClub assets with Tracker expands on a subscriber-based, connected car go to market platform with reach into insurance and dealership marketplaces worldwide through Tracker and LoJack Global operations.
Tracker, a CalAmp subsidiary and stolen vehicle recovery and technology expert, will integrate SmartDriverClub’s driver behavior, risk scoring and data analytics to extend its insurance telematics offerings. Tracker is combining its telematics capabilities with the insurance knowledge, experience, relationships and systems of SmartDriverClub to deliver more intelligent connected car services to the U.K. market.