Pointer Telocation Systems

Transportation and Public Safety Industry Solutions

Automotive & Mobility Technologies
Acquired (Inactive) by PowerFleet on Oct 2019 - closed due to acquisition

Company Overview

Snapshot

Founded in July 1991, Pointer Telocation Systems operates with 51–200 employees. The company was acquired by PowerFleet in October 2019, marking a significant milestone in its trajectory.

Business overview

Pointer Telocation Systems delivers software-as-a-service technology and mobile resource management services for various industries, including fleet, automotive, insurance, cargo, and public safety. Its core offerings encompass location-based software solutions for fleet management, driver safety, vehicle security, stolen vehicle recovery, asset tracking, and roadside assistance. The company's Technology Division, Cellocator, specializes in telematics solutions, developing and manufacturing hardware and software for fleet optimization, wireless vehicle security, communication and control systems, and machine-to-machine and IoT wireless data communications systems. Pointer Telocation Systems operates within the Automotive & Mobility Technologies sector, serving global markets across Asia, Europe, Africa, North America, and South America.

Strategic signal

In February 2021, PowerFleet subsidiary Pointer Telocation's IoT solutions began powering the Israeli pharmaceutical and food market, followed by enabling IoT defibrillators in Israel in December 2020. This demonstrates the company's strategic expansion into critical infrastructure and healthcare sectors, leveraging its IoT capabilities to address essential market needs and signaling a diversification of its core telematics applications beyond traditional automotive and fleet management.

Company Intelligence Q&A

When was Pointer Telocation Systems acquired?
Pointer Telocation Systems was acquired by PowerFleet in October 2019.
What was a key collaboration announced by Pointer Telocation Systems?
In May 2018, Pointer Telocation Systems announced a collaboration with Microsoft Israel for the development of a deep learning AI system focused on driver behavior.
What significant project did Pointer Telocation Systems announce in the United States?
In January 2017, Pointer Telocation Systems announced a large-scale driver behavior project in the United States, covering a fleet of 4,000 cars.
When did Pointer Telocation Systems delist from stock exchanges?
Pointer Telocation Systems delisted from both the TASE and NASDAQ in December 2022.

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