US based GPS technology specialist Trimble, continuing a string of recent acquisitions, has bought Peoplenet, a provider of fleet management systems.

trimble network.automotiveIT

Telematics providers are joining forces in a global market consolidation (Photo: Trimble)

Trimble, which makes positioning systems for fleets, last year bought Punch Telematix, a Belgian transportation solutions provider, and Tata Automotive Mobility Technologies, a leading Indian telematics company.

"PeopleNet is a key step in Trimble's strategy for addressing the complex regulatory and operational demands of enterprise companies in the transportation and logistics (T&L) market," said Steven Berglund, Trimble's president and chief executive officer.

He added in a press statement that the company will use recent acquisitions to offer solutions to a growing international customer base.

Separately, two European vehicle tracking companies announced that they will join forces to boost their competitive position in the European telematics market.

Cybit and Masternaut said their new joint company will have more than 500 employees servicing a 10,000 strong customer base across 32 countries.

Citing consolidation in the telematics market, the new Masternaut CEO, Bill Henry, said: "By combining Cybit and Masternaut, we can innovate faster, increase our gegraphic reach, raise industry standards and bring customers compelling opportunities for improved business performance."

Analysts at ABI Research said the consolidation moves made sense, but telematics and navigation group director Dominique Bonte warned in a research note that "it will take time to integrate different solutions and disparate technologies and achieve the full benefits of the consolidation."