ORBCOMM Inc. has acquired Ireland-based Blue Tree Systems Ltd.
Based in Rochelle Park, ORBCOMM provides machine-to-machine, or M2M, and Internet of Things, or IoT, solutions. It will take over Blue Tree’s Galway, Ireland, business, along with subsidiaries in the United States, Germany and France.
Blue Tree provides transportation management solutions across multiple classes of assets that include trucks, refrigerated straight trucks as well as refrigerated and dry trailers.
“With advanced trucking solutions combined with an integrated software platform, Blue Tree is a strong strategic addition to ORBCOMM’s broad transportation portfolio,” said CEO Marc Eisenberg. “Combined with our acquisition of inthinc in June, Blue Tree enables ORBCOMM to provide the most complete transportation solution offering covering nearly every asset class — from in-cab to fleet vehicles to refrigerated assets to dry vans — making us the clear leader in this space and in global industrial IoT.”
The acquisition adds truck in-cab and refrigerated fleet vehicle solutions to ORBCOMM’s industry-leading cargo solutions. Customers will have access to an integrated offering encompassing nearly all transportation assets from one source.
“ORBCOMM is one of the leading IoT companies in the world, and we believe the increased scale, resources, customer base and geographic profile that ORBCOMM offers will support our rapid growth globally. We look forward to leveraging ORBCOMM’s strong brand equity in our markets,” said Charlie Cahill, Blue Tree’s founder and CEO. “ORBCOMM’s leadership in transportation telematics provides great synergy and support for our transportation solutions and delivers an unmatched and long-lasting value proposition for transportation companies around the world.”
