Businessman Andile Ngcaba’s fleet telematics firm, Ctrack has successfully completed the acquisition of Inseego’s international telematics business, for an undisclosed amount.
Hein Jordt, CEO of Ctrack, comments: “This acquisition marks a defining milestone in Ctrack’s journey. It not only expands our presence in international markets but also strengthens our capabilities as a leader in predictive solutions. Ngcaba, chairman of Convergence Partners, says: “We are proud to see Ctrack’s evolution into a global leader in automotive, big data and AI-driven solutions.
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