Woodcliff Lake-based I.D. Systems recently acquired Keytroller, it said.
The new business unit, it said, will operate as I.D. Systems’ PowerFleet division and focus on delivering Industrial Truck Management Systems.
“The acquisition of Keytroller in 2017 provided I.D. Systems with a broader portfolio of products that allows us to service every customer, large and small. To ensure continued success and growth, it was logical to bring our VMS and Keytroller® teams together. This allows I.D. Systems to create a seamless sales, marketing, engineering and support group to better serve our customers, partners and employees,” Chris Wolfe, I.D. Systems CEO, said.
The new unit will be led by Mark Stanton, who was recently promoted to vice president and general manager of the PowerFleet division. Stanton has led the VMS business unit for four years.
“I am very excited at the potential for these two organizations to merge together into one unified operation,” Stanton said. “It is a great opportunity for the team to continue with the strong market momentum we have created, and it will also enable us to optimally support our customers and partners as they grow their businesses together with our PowerFleet solutions.”
The PowerFleet division will be moving to a new facility in the Tampa area by the end of 2018, the company said. A Center of Excellence will be created there to drive innovation in product engineering, development, testing and customer relations in the industrial truck market.
“Mark is the ideal candidate to lead our new PowerFleet division. I.D. Systems is poised to deliver exciting products and services that will transform the industrial truck telematics market while creating significant value for our Customers and Partners,” Wolfe said.
Terry Wickman, founder of Keytroller, will remain involved in the transition.