The US-based internet of things (IoT) specialist has a primary listing on the Nasdaq
14 May 2024 – 16:52
Rand Merchant Bank (RMB) has backed Powerfleet’s business through a R1.8bn facility, another move underlining the investment bank’s continued push for investment in the technology sector.
In April, Mix Telematics concluded a deal to merge with PowerFleet that saw it delist from the JSE, joining tech rivals such as Jasco, Adapt IT, Alaris, Etion and Alviva over the past two years. ..
