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Announced

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Bridgestone completed the acquisition of iTrack Solutions Business from Transense Technologies.

Synopsis

Bridgestone, a tire and rubber company, completed the acquisition of iTrack Solutions Business, a globally-preferred provider of tire management solutions for the off-the-road vehicle market, from Transense Technologies, a technology research licensing company. Financial terms were not disclosed. "This acquisition helps move Bridgestone closer to its goal of becoming a leader in sustainable and advanced mobility solutions. As a global solutions provider, Bridgestone will create new value for our customers by delivering tire and mobility-related data that enhance their operations," Tomohiro Kusano, Bridgestone Vice President and Senior Officer.

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