As part of the alliance, LoJack plans to offer fleet telematics solutions beginning in the first quarter of 2013 to small and medium business owners, commercial fleets, automotive dealerships and law enforcement agencies, according to a news statement by the company on Thursday.
In the second half of the year, LoJack plans to deliver additional solutions for automotive dealerships and consumers.
Moreover, LoJack plans to market, install and service a range of TomTom Business Solutions products and services, including its SaaS fleet management service known as WEBFLEET.
Business owners, as such, will now have the opportunity to use GPS/GSM technology to address higher fuel costs, optimize routing with real-time traffic data, and address unsafe driving behavior with WEBFLEET.
The two organizations will also integrate TomTom’s hardware, software, back-end data and SaaS services with LoJack’s Stolen Vehicle Recovery Network technology.
“This alliance allows LoJack to build upon our global stolen vehicle recovery network technology with a wider range of solutions that add value to our customers and partners,” said Randy L. Ortiz, President and CEO of LoJack Corporation in a statement.
Ortiz added in the statement that the collaboration will allow both companies to introduce a full suite of products and services for existing and new markets.
“This strategic alliance enables both companies to strengthen their position as best-in-class providers of automotive technology,” said Thomas Schmidt, TomTom Business Solutions, Managing Director in a statement. “LoJack’s far-reaching market presence will introduce TomTom’s fleet management technology to new business markets in North America and enable existing LoJack customers to benefit from a full fleet management solution.”