Spireon Acquires CalAmp's LoJack® U.S. Stolen Vehicle Recovery Business
(PRNewsfoto/CalAmp)
CalAmp Corp. Logo
IRVINE, Calif., March 16, 2021 /PRNewswire/ -- CalAmp (Nasdaq: CAMP), a global technology solutions pioneer transforming the mobile connected economy, and Spireon, the vehicle intelligence company, today announced that Spireon has acquired the LoJack® U.S. Stolen Vehicle Recovery (SVR) business from CalAmp. The integration of the LoJack U.S. business bolsters Spireon's position as the leading provider of aftermarket telematics for automotive dealers, while supporting CalAmp's focus on its strategic global software-as-a-service (SaaS) initiatives.
"Spireon's decision to acquire the LoJack U.S. business reinforces our longstanding c