Orange Business Services, the B2B division of the IT and communications services provider, has acquired French fleet management system vendor Ocean, expanding its fleet to over 100,000 managed vehicles.
Ocean, founded in 2003, currently manages 45,000 vehicles for 2,000 corporate clients. The company will become an operational unit of Orange Applications for Business, the digital services division of Orange Business Services.
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The merger of Orange’s Fleet Management activities – launched in 2005 with dedicated Machine-to-Machine (M2M) offers and managing today over 60,000 vehicles – and Ocean will create a fleet of over 100,000 managed vehicles. The new entity will bring together 110 employees, including a technical and development team of over 40 people, and will be led by Jacques Riviere, the current President of Ocean.
"With the acquisition of such an innovative and powerful leader as Ocean, we are creating a new European leader in Fleet Management that will support the growth strategy of Orange Applications for Business on the connected objects and M2M markets. Through these advanced technologies, companies managing fleets of vehicles or equipment can leverage huge benefits that will facilitate their digital transformation and develop new processes and business models," said Thierry Bonhomme, executive director of Orange Business Services.
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