News / New funds back IoT box tracker Traxens as it snaps up NEXT4

Credit NEXT4

08/02/2022

Marseille-based Traxens, a provider of smart-container tracking and telemetry, has acquired French container tracking supplier NEXT4.

The deal was for an undisclosed consideration and Traxens also announced a further €23m ($25m) funding round to fuel expansion.

With clients including Bolloré Logistics and DB Schenker, the combined company will ...

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