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telematics portfolioSeekingAlpha
•77% Informative
Inseego Corp. said it has entered into a definitive agreement to sell its fleet management and telematics business in an all-cash transaction for $52 million .
Under the terms of the agreement, a portfolio holding company of Convergence Partners will acquire the remaining telematic business that operates across the United Kingdom , the European Union , Australia and New Zealand .
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80
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82
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