MISSISSAUGA and DALLAS – Shaw said Friday that it is selling its Shaw Tracking division to Dallas-based Omnitracs. Financial terms of the deal were not disclosed.
Shaw Tracking has been the exclusive Canadian distributor of Omnitracs fleet management solutions for over 25 years, offering services such as GPS vehicle tracking products, fleet management software, and professional services for additional support. Shaw Tracking will be integrated into the Omnitracs solution portfolio, further expanding that company’s customer base and reach into Canada.
“By going to a leader in the transportation and logistics industry, the operations of Shaw Tracking are well-positioned for future growth and investment," said Shaw Communications president Jay Mehr, in the news release. "This transaction further reflects our commitment to our strategic initiative of becoming Canada's leading connectivity provider and our ongoing work to focus our operations around our core offerings."
The deal is expected to close this summer, subject to regulatory approval of the transfer of operational licenses. The actual legal entity acquiring Shaw Tracking is Turnpike Global Technologies Inc. (Ontario), a wholly owned Canadian subsidiary of Omnitracs, LLC.
