PeopleNet Acquires Cadec to Expand Its Technology for the Private-Fleet Sector
Trucking technology supplier PeopleNet has acquired Cadec Global Inc. in a move that expands the company’s fleet-management offerings for the foodservice and private-fleet sectors. Financial terms were not disclosed. PeopleNet, which is part of Trimble, provides mobile communications systems and software designed to help fleets improve efficiency, safety and regulatory compliance. Cadec will be part of the PeopleNet business, which is included in Trimble’s Mobile Solutions segment. Cadec will continue to operate out of its office in Manchester, New Hampshire, PeopleNet said.
“This acquisition combines the best of both Cadec and PeopleNet,” PeopleNet President Brian McLaughlin said. “Together, our companies will leverage the enhanced expertise of both organizations to bring innovative technology and service solutions to the foodservice and private fleet industries and the transportation industry as a whole.”
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