Location and navigation software company in Europe for sale

• Revenue: > 3M EUR
• Employees: > 160
• Location of the Location and navigation software company: Europe
• Reason for sale: The owners want to grow the company in Europe, therefore are looking to talk to interested investors
• #CFIE ITS466

The company for sale has a long time experience on the market and is active in developing cutting edge navigation software for both companies and individuals. The company operates in fields related to navigation, location based services, telematics and smart cities products. It has created a mobility platform that incorporates a variety of solutions for tracking, navigation and localization. The solutions created demonstrate flexibility and respond to the customer’s needs, the management goal being to enable each person to be guided while moving. The products are present already all across the globe and the professional navigation solutions provided for businesses are recognized and appreciated by companies operating in industries such as automotive, fleet & workforce management, transportation & logistics, retail, travelling and tourism. The team is formed of around 170 talented professionals that are very passionate about technology and innovation, most of them being engineers involved in R&D activities. The company records revenues above 3M Euro and has plans to grow the business operations. The owners are open to talk with potential investors interested to enable the company to reach the next level. A possible buyer could be a larger software company interested to diversify its portfolio of products and to integrate these solutions in a wider navigation platform for more industries.

The company creates navigation products such as apps and enterprise solutions. The smartphones are connected with the cars so and once connected, the car’s display will allow the driver to use touchscreen, knobs and buttons to control the app and get the whole experience of a high-class navigation. The driver will have access to offline maps everywhere in the world, will obtain map updates, traffic information in real-time, speed limits for the road and numerous other locating features. The team uses augmented reality and other innovative technologies to make navigation easier and safer. In this case the map will be replaced with a real-world view due to an innovative tool that uses the phone’s camera and displays the navigation features. The navigation instructions do not appear on the map, but right on the street the user drives on. People can drive safer and fleet companies have more efficiency and productivity in their operations. The company has set a high standard in the navigation and travel sector.

Other important features of the navigation platform allow the driver to drive safely during the night shift. A special function will allow information to be shown windshield, so the driver does not have to take his eyes off the road. The instructions are set into the driver’s line of sight and he can concentrate strictly on driving. Another tool enables the driver to record the trip and there is no need to have a dashboard camera for this, the app will do the job. The video is saved automatically once the driver taps the screen and the recording material will be able to be shown in case of an accident. The cockpit function is a feature that shows the performance of the car in real-time so the driver knows permanently how the car behaves to the conditions of the road.

The company for sale delivers navigation solutions for:

• Fleet Management
• Vehicle Tracking
• Location Intelligence
• Routing Optimization
• Driver Scoring
• Smart Mobility
• Travel Guidance

• The company developed a platform for location and navigation software solutions
• The solutions are used in many sectors related to vehicle driving
• The company has international presence
• The owners are looking to talk with potential investors that are interested to grow the business to the next level