Cybit acquires OxLoc assets

Cybit acquires OxLoc assets

The acquisition covers all hardware, software and intellectual property, which Cybit will continue to develop.

Cybit will integrate Oxloc's trailer tracking applications into its Fleetstar Online solution to enable Cybit customers to monitor the status of goods-in-transit through interfaces that monitor a range of conditions, including temperature, and track individual consignments through RFID readers.

Oxloc's partnerships, reseller agreements and customers will continue to receive a full service through Cybit.

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