Radius acquires US telematics supplier CyntrX

Radius is pleased to announce the acquisition of CyntrX. Based in De Pere, Wisconsin, CyntrX enables fleet managers across North America to enhance their fleet capabilities via an intuitive, mobile-friendly telematics platform.

Bill Holmes, Chief Executive of Radius, said: “The acquisition of CyntrX brings to life our ambitions in North America with a like-minded company which has a real focus on developing well supported, user-friendly products for customers.

Through this acquisition, we will be able to leverage our combined knowledge of the telematics sector which presents a great opportunity for us to continue to grow quickly. We were particularly impressed with the comprehensive suite of products and services offered by CyntrX.”

This latest acquisition by Radius brings the total number of tracked vehicles and assets to 175,000. This makes Radius one of the fastest-growing telematics companies in the world, having only started selling in 2015.

Read more about CyntrX here. Read more about Radius Payment Solutions here.