S&P 500 5,235.18 +1.02%EUR/USD 1.0840 +0.21%GBP/USD 1.2710 +0.14%USD/JPY 149.50 −0.18%BRENT $82.40 −0.81%BTC $67,800 −0.21%GOLD $2,341 +0.55%NASDAQ 16,420.55 +0.74%S&P 500 5,235.18 +1.02%EUR/USD 1.0840 +0.21%GBP/USD 1.2710 +0.14%USD/JPY 149.50 −0.18%BRENT $82.40 −0.81%BTC $67,800 −0.21%GOLD $2,341 +0.55%NASDAQ 16,420.55 +0.74%
A daily business newspaper · Founded in 2026

Money Talk

Finance and markets: business, quotes, gold, energy and releases.

Geotab Expands Asset Tracking Reach With Link Labs Acquisition

Construction firms lose over $1 billion annually to misplaced or stolen equipment, a gap Geotab aims to bridge through its latest acquisition. By absorbing Maryland-based Link Labs, the global telematics leader gains specialized IoT technology designed to monitor high-value assets across both indoor facilities and complex outdoor job sites.

Geotab Expands Asset Tracking Reach With Link Labs Acquisition
Photo: Bio & News

The integration of Link Labs brings over a decade of IoT location expertise into the Geotab ecosystem. While Geotab has historically focused on vehicle telematics, processing 100 billion data points daily for 6 million connected assets, this move signals a pivot toward total operational visibility. CEO Neil Cawse stated that vehicles represent only a fraction of the equation, noting that tools and cargo often account for significant financial disruption when left unmonitored.

Link Labs provides enterprise-grade tracking that functions at scale, complementing Geotab’s existing platform used by more than 100,000 customers. By merging these capabilities, Geotab intends to offer a unified view of fleet movements and stationary equipment. The move reinforces the company’s position as a data-centric provider for asset-intensive industries, including hospitality and construction, where precise inventory management remains a primary hurdle.

Share article
TelegramXFacebook

When reusing this material a link to Money Talk is required.

Comments (0)

Leave a comment

No comments yet. Be the first!