EROAD to acquire Coretex for $107m.

EROAD, a transport technology and services company, agreed to acquire Coretex, a telematics vertical specialist provider, for $107m. “The acquisition of Coretex is truly transformational for EROAD. Accelerating our key growth metrics by two years in North America and Australia and positioning us to become a bigger player in the global telematics market,” Steven Newman, EROAD CEO.