Qualcomm Sells its Logistics Segment

$800-million deal includes units in US, Canada and Latin America


The wireless technology giant recently sold itsĀ transportation and logistics business, Omnitracs, to Vista Equity Partners in an $800 million deal. Qualcomm expects the deal, which will be complete sometime in early 2014, to leverage their position in the rapidly evolvingĀ fleet management and telematics sectors. To read more, click HERE.

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