Qualcomm Wireless Business Solutions and Eaton Corporation announced that Qualcomm has purchased the assets of Eaton's Trucking Information Services business unit, including FleetAdvisor, a transportation logistics management system.
"The acquisition of FleetAdvisor will allow us to offer even more valuable and complete solutions to our private fleet, truckload and LTL customers," said Chris Wolfe, senior vice-president and general manager, Qualcomm Wireless Business Solutions. "Eaton has extensive experience with fleet management information systems, and we are fortunate to add the expertise and talent of the FleetAdvisor development and support staff to our Qualcomm team. We welcome the opportunity to work with existing FleetAdvisor customers and provide them with continued excellent service and support."
Timothy J Morscheck, vice-president and general manager of Eaton's Trucking Electronic Systems business, added "Responsiveness to our customers has always been our highest priority, so we are particularly pleased that FleetAdvisor customers will now be supported by Qualcomm. We will continue to focus our resources on providing the highest quality data link control products and systems to the trucking industry.”
The purchase price included an undisclosed cash payment plus additional compensation based on FleetAdvisor software sales as well as OmniTRACS systems sales facilitated by Eaton. Under the terms of this agreement, Qualcomm has hired approximately 40 of Eaton's employees who have been responsible for system development and customer support.
FleetAdvisor contains hardware and software elements, including a broad set of applications to be offered to new and existing customers on Qualcomm's MVPc in-vehicle computer for automated driver logs, state fuel tax calculation, enhanced work order management, increased driver and vehicle productivity, and improved customer service. The MVPc is a Windows CE-based platform that runs custom or third-party applications and is an optional add-on to Qualcomm's fleet management solutions, including the OmniTRACS mobile communications system.
Qualcomm will provide product support and service to current FleetAdvisor customers, and Eaton will work with Qualcomm to promote the OmniTRACS system through the Roadranger sales and service network. Eaton and Qualcomm have agreed to explore further strategic relationships for developing and marketing products and services for vehicle monitoring, diagnostics and prognostics that utilize Qualcomm mobile communications capabilities and Eaton's truck systems capabilities.