CalAmp completed the acquisition of Synovia Solutions for $50m.

CalAmp, a technology solutions pioneer, completed the acquisition of Synovia Solutions, a software-powered, GPS-driven smart fleet technology applications company, for $50m. "This is an exciting time for Synovia as we join a host of other respected technology brands to become part of the CalAmp family. It will allow us to better serve our current customers and scale the businesses. Synovia has doubled the size of our business in the past few years and this acquisition will allow us to further accelerate our growth and provide greater value to customers while providing stellar customer service that builds on our Fleet Advisors and Synsurance programs," Jon King, Synovia CEO.