Automile9/13/2023 With a significantly larger combined subscription base, we can build a global telematics leader with scale economies and an attractive value proposition to our customers,” added Nylander.Official Automile REST API for. Together with ABAX, we share the same objectives of creating shareholder and stakeholder value. “My goal has always been to define Automile by high growth, good gross margins and profitability. With ABAX,we can now deliver an even broader offer,” commented Jens Nylander, CEO and co-founder of Automile. “At Automile we have an obsession with constant product development to exceed customer expectations. ![]() Under the deal, both existing customers as well as new customers will have access to the full product range from ABAX and Automile. Together with Automile, we will be at the forefront of innovation with the most modern, open, and advanced telematics platform.” Morten Strand, Group CEO of ABAX, said: “The acquisition is an important step for us to further strengthen our operations and our position in the Nordics, Europe, and globally. ABAX customers will also benefit from the development of new initiatives and value-added connectivity services. Terms of the deal have not been disclosed but the acquisition will enable Automile customers to enhance their current solutions with full access to the ABAX global IoT network. The business has some 87,000 subscribers to its core service. It’s headquartered in the US but also has customers in Sweden, Norway and the rest of Europe. Jens Nylander, CEO and co-founder of AutomileĪutomile provides SaaS telematics, including real-time GPS fleet and asset tracking, speeding, routing, dispatching and driving behaviour tools.
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