Bridgestone has completed the purchase of iTrack Solutions Business from UK-based Transense Technologies.
iTrack is a provider of tyre management solutions for the off-the-road (OTR) vehicle market.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
The business offers a tyre pressure monitoring system (TPMS) designed for mining tyres. In addition to tyre temperature and pressure monitoring, the iTrack management platform provides customisable geofencing and speed alerts.
“This acquisition helps move Bridgestone closer to its goal of becoming a leader in sustainable and advanced mobility solutions,” said Bridgestone VP and Senior Officer, Responsible for G-MAA (Mining, Aircraft, Agriculture) Solutions Business, Tomohiro Kusano.
“As a global solutions provider, Bridgestone will create new value for our customers by delivering tyre and mobility-related data that enhances their operations.”
Bridgestone entered into a joint collaboration agreement with Transense in August, 2019 and began referring OTR customers to the iTrack solutions platform at that time.
Bridgestone will expand the offering to additional OTR customers as it fully integrates the solution into its portfolio.
All employees of the iTrack Solutions Business will join Bridgestone as part of the acquisition.
