Qualcomm Enterprise Services Europe BV, a wholly owned subsidiary of Qualcomm Incorporated and a leading provider of business-to-business wireless enterprise applications and services, today announced that is has acquired substantially all the assets of Madrid-based Ronda Grupo Consultor, S.L., a leading provider in the development, establishment and operation of fleet management systems (FMS) for the transportation and logistics industry in Spain and Portugal. The acquisition allows for the combination of Ronda's local market knowledge and presence to enhance Qualcomm's European fleet management operations.
“Spain and Portugal are significant markets - the number of heavy and medium commercial vehicles is approaching 600,000 and with a very low penetration rate of FMS, this region represents one of the opportunistic markets in Europe,” says Sjef van Gool, managing director of Qualcomm Enterprise Services Europe. “Acquiring substantially all the assets of Ronda provides Qualcomm with an increased presence in Spain and Portugal and reaffirms Qualcomm's commitment to the European market.”
Ronda has been a distributor of the EutelTRACS products and services since 1994. As a result of the acquisition, Ronda's personnel and proprietary software will be integrated into Qualcomm Enterprise Services Europe, and it will continue to operate as a branch office in Madrid to support and service existing local customers.
Qualcomm delivers the integrated wireless systems and services that enable businesses around the world to operate at peak performance and improve quality of life across the value chain. Qualcomm's world-class technology infrastructure, customer focus and professional services help enable enterprise customers across a variety of industries to achieve their vision. Qualcomm provides comprehensive wireless solutions and services, including two-way data communications systems, productivity-enhancing applications, managed network services and enterprise-level consulting.
Qualcomm's first wireless solution - the EutelTRACS® mobile communications system for the transportation and logistics markets - was introduced in 1991 and proved to be an innovative force in enterprise mobility. In recent years, Qualcomm introduced FleetVisor™, a mobile communications platform for the transportation and logistics markets, which builds on this legacy with a brand-new platform that offers a broad range of solutions and services to help enhance the efficiency, productivity and safety of fleet operations while improving the drivers' in-cab experience. Customers in the construction equipment industry also benefit from Qualcomm's advanced telematics knowledge, which underlies the GlobalTRACS® equipment management system, providing businesses tools to get the most out of their equipment investments.
Qualcomm Enterprise Services Europe BV (www.qualcomm-europe.com) delivers integrated telematics solutions and services to the construction and the transport and logistics industry in Europe.
Qualcomm Incorporated (www.qualcomm.com) is a leader in developing and delivering innovative digital wireless communications products and services based on CDMA and other advanced technologies. Headquartered in San Diego, Calif., Qualcomm is included in the S&P 500 Index and is a 2007 FORTUNE 500® company traded on The Nasdaq Stock Market® under the ticker symbol QCOM.