Lat-Lon, a leading provider of GPS tracking and monitoring solutions has been acquired by BSM Wireless as of May 30th, 2014. With expertise in remote monitoring, fleet tracking and maintenance for mobile and fixed assets, BSM has complementary technology to Lat-Lon and a beneficial infrastructure. With no leadership changes at Lat-Lon, the purchase has been seamless to customers and yielding a faster pace of development and technology upgrades.
Dave Baker, President of Lat-Lon says “With the rail GPS monitoring market blossoming into larger and larger deployments it was time to consolidate and add scale to all aspects of the company from engineering to customer support to marketing and sales.”
Lat-Lon will continue to be headquartered out of Denver, CO, and build additional software resources between Denver and BSM home base in Toronto, while manufacturing and leadership remain in Denver.
Lat-Lon’s highly customizable products complement BSM solutions, and offer opportunities for growth for both firms. As heightened focus upon rail safety builds, increased technology solutions become helpful to compliance and efficiency.
“The acquisition of Lat-Lon will significantly expand BSM’s product offering within the rail vertical by adding rail car and locomotive solutions to our current high-rail product offering,” said Aly Rahemtulla, BSM President & CEO. “Through Lat-Lon, we acquire a strong product portfolio and access to an impressive customer base, positioning BSM as a clear leader within the rail vertical.”
About BSM Technologies Inc. BSM Technologies Inc., through its subsidiaries, is a leading provider of remote monitoring, fleet tracking, fleet maintenance and a business intelligence engine providing real time web‐based tracking of mobile and fixed assets. BSM provides solutions for commercial, government, and law enforcement organizations who manage and operate diverse assets and large fleets, and who seek to enhance customer service, improve the safety of their drivers and vehicles, and lower business costs. For more information, please visit http://www.bsmtechnologies.com
About Lat-Lon: Lat-Lon, LLC was founded in 1999 in Denver, Colorado provides wireless GPS tracking and monitoring solutions for mobile assets with a specific focus on the rail market. Lat-Lon’s key products include a Locomotive Monitoring Unit (LMU) and a Solar-Powered Tracking Unit (STU) for railcars and trailers that allows fleet managers to know the condition and location of their assets at any given time. For further information contact Lat-Lon at 877-300-6566 or visit www.lat-lon.com