https://i0.wp.com/www.id-systems.com/wp-content/uploads/2019/04/2019-03-pointer-idsy.png?fit=560%2C300&ssl=1 300 560 idsystems https://www.id-systems.com/wp-content/uploads/2019/02/logo_idsy_enfold_340x156-300x138.png idsystems2019-03-13 10:44:302019-04-30 13:43:35I.D. Systems to Acquire Pointer Telocation, a Leading Telematics and Mobile IoT Solutions Company, for $140 Million in Cash and Stock
I.D. Systems, Inc., a leading provider of enterprise asset management and Industrial Internet of Things (IoT) technology, andPointer Telocation Ltd. (NASDAQ: PNTR; TASE: PNTR), a leading provider of telematics and mobile IoT solutions, have entered into a definitive agreement whereby I.D. Systems will acquire all of the outstanding shares of Pointer in a cash and stock transaction valued at approximately $140 million.