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Powerfleet and MiX Telematics Close Business Combination, Creating New Top-Tier Global AIoT SaaS Provider PR Newswire WOODCLIFF LAKE, N.J., April 2, 2024 A Scaled Day-One Business with Total Revenue of $284 Million , Including $215 Million of Recurring High-Margin SaaS Revenues and Combined Service Gross Margins of 65% Combined Customer Base Begins with More than 1.8m Subscribers In Addition to a Significant Growth Opportunity, Combination Expected to Unlock a Compelling $25m+ EBITDA Expansion...

Powerfleet and MiX Telematics Receive Shareholder Approval for Proposed Business Combination PR Newswire WOODCLIFF LAKE, N.J., Feb. 28, 2024 WOODCLIFF LAKE, N.J. , Feb. 28, 2024 /PRNewswire/ -- Powerfleet, Inc. (Nasdaq: PWFL) and MiX Telematics Limited (NYSE: MIXT, JSE: MIX) today announced they have received shareholder approval on the proposals related to the previously announced business combination between the parties. The transaction is expected to close the first week of April 2024 ,...

Transport for Greater Manchester Chooses MiX Telematics PR Newswire BOCA RATON, Fla. and BIRMINGHAM, England, Feb. 8, 2024 BOCA RATON, Fla. and BIRMINGHAM, England , Feb. 8, 2024 /PRNewswire/ -- MiX Telematics (JSE: MIX, NYSE: MIXT) , a leading global SaaS provider of connected fleet management solutions, is excited to announce that Transport for Greater Manchester (TFGM) has appointed MiX to enhance fleet safety, efficiency and sustainability. Transport for Greater Manchester is a local...

Powerfleet and MiX Telematics Announce Shareholders Meetings to Vote on Proposed Business Combination PR Newswire WOODCLIFF LAKE, N.J., Jan. 30, 2024 Completion of Regulatory Milestones Results in Scheduled Shareholders Meetings WOODCLIFF LAKE, N.J. , Jan. 30, 2024 /PRNewswire/ -- Powerfleet, Inc. (Nasdaq: PWFL) and MiX Telematics Limited (NYSE: MIXT, JSE: MIX) today announced that their respective shareholders meetings will be held virtually on Wednesday, February 28, 2024 to vote on the...

Powerfleet and MiX Telematics to Host Joint Investor Day on November 16, 2023 PR Newswire WOODCLIFF LAKE, N.J., Oct. 30, 2023 WOODCLIFF LAKE, N.J. , Oct. 30, 2023 /PRNewswire/ -- PowerFleet, Inc. (Nasdaq: PWFL) and MiX Telematics Limited (NYSE: MIXT, JSE: MIX) will host a joint Investor Day with financial analysts and institutional investors on Thursday, November 16 at The InterContinental New York Barclay hotel in New York, NY . Presentations are scheduled to begin at 2:00 p.m. Eastern time and...

Powerfleet and MiX Telematics Announce Transformative Business Combination PR Newswire WOODCLIFF LAKE, N.J., Oct. 10, 2023 Combination Expected to Create Top-Tier Global Provider in Mobile Asset IoT Industry with Unparalleled Artificial Intelligence Enhanced SaaS Solution Portfolio ~1.7 Million Combined Subscriber Base Expected to Provide Immediate Scale Expected to Create a Day One Business with Total Revenue of $279 Million , Including $210 Million of Recurring High-Margin SaaS Revenues and...

Powerfleet and MiX Telematics Announce Transformative Business Combination PR Newswire WOODCLIFF LAKE, N.J., Oct. 10, 2023 Combination Expected to Create Top-Tier Global Provider in Mobile Asset IoT Industry with Unparalleled Artificial Intelligence Enhanced SaaS Solution Portfolio ~1.7 Million Combined Subscriber Base Expected to Provide Immediate Scale Expected to Create a Day One Business with Total Revenue of $279 Million , Including $210 Million of Recurring High-Margin SaaS Revenues and...

Powerfleet and MiX Telematics Announce Transformative Business Combination PR Newswire WOODCLIFF LAKE, N.J., Oct. 10, 2023 Combination Expected to Create Top-Tier Global Provider in Mobile Asset IoT Industry with Unparalleled Artificial Intelligence Enhanced SaaS Solution Portfolio ~1.7 Million Combined Subscriber Base Expected to Provide Immediate Scale Expected to Create a Day One Business with Total Revenue of $279 Million , Including $210 Million of Recurring High-Margin SaaS Revenues and...

MiX Telematics Announces DVS & FORS Partnership with Parksafe Group in the UK PR Newswire BIRMINGHAM, England, Sept. 4, 2023 BIRMINGHAM, England , Sept. 4, 2023 /PRNewswire/ -- MiX Telematics (JSE: MIX) (NYSE: MIXT), a global SaaS leader of connected fleet management solutions, has announced a new partnership with Parksafe Group. Parksafe Group supplies and manufactures a wide range of products for the automotive industry. This partnership enables MiX customers to equip their fleets with...

MiX Telematics Limited (“MiX Telematics” or the “Company”) (NYSE: MIXT) (JSE: MIX), a leading global Software-as-a-Service (“SaaS”) provider of connected fleet management solutions, today announced financial results, in accordance with accounting principles generally accepted in the United States (“GAAP”), for the first quarter of fiscal year 2024, which ended June 30, 2023. Management Commentary “We sustained our positive momentum and started the year with quarterly results...

MiX Telematics Limited (JSE: MIX) (NYSE: MIXT) (“MiX Telematics” or the “Company”) , a leading global Software-as-a-Service (“SaaS”) provider of connected fleet management solutions, will hold a conference call on Wednesday, August 2, 2023, at 8:00 a.m. Eastern time and 2:00 p.m. South African time to discuss its financial results for the first quarter of fiscal year 2024, which ended June 30, 2023. The results will be reported in a press release prior to the conference call. MiX...

MiX Telematics passes a million active subscribers, releases full year results PR Newswire BOCA RATON, Fla., May 26, 2023 BOCA RATON, Fla. , May 26, 2023 /PRNewswire/ -- MiX Telematics (NYSE: MIXT) (JSE: MIX) , a leading global SaaS provider of connected fleet and asset management solutions announced yesterday that the business has accumulated more than one million active subscribers across their combined fleet and consumer customer base. This significant milestone comes on the back of continued...

MiX Telematics Limited (JSE: MIX) (NYSE: MIXT) (“MiX Telematics” or the “Company”), a leading global Software-as-a-Service (“SaaS”) provider of connected fleet management solutions, is scheduled to participate in the following upcoming investor conferences: TD Cowen 51 st Annual Technology, Media & Telecom Conference Date: May 31, 2023 Location: Lotte New York Palace – New York, NY Presentation: Wednesday, May 31 st at 11:25 a.m. ET Webcast Link:...

MiX Telematics Limited (“MiX Telematics” or the “Company”) (NYSE: MIXT, JSE: MIX), a leading global Software-as-a-Service (“SaaS”) provider of connected fleet management solutions, today announced preliminary unaudited financial results, in accordance with accounting principles generally accepted in the United States (“GAAP”), for the fourth quarter and full fiscal year 2023, which ended March 31, 2023. Management Commentary “Closing out the fiscal year, we are proud to have...

MiX Telematics Limited (JSE: MIX) (NYSE: MIXT) (“MiX Telematics” or the “Company”) , a leading global Software-as-a-Service (“SaaS”) provider of connected fleet management solutions, will hold a conference call on Thursday, May 25, 2023, at 8:00 a.m. Eastern time and 2:00 p.m. South African time to discuss its financial results for the fourth quarter and fiscal year 2023, which ended March 31, 2023. The results will be reported in a press release prior to the conference call. MiX...

MiX Telematics Accelerates Customer Wins and Expansion in LatAm PR Newswire BOCA RATON, Fla. and SÃO PAULO, March 30, 2023 BOCA RATON, Fla. and SÃO PAULO, March 30, 2023 /PRNewswire/ -- MiX Telematics (NYSE: MIXT) ("MiX" or the "Company") , a leading global provider of connected fleet management SaaS solutions, is pleased to announce they have signed more than 3,000 new subscribers in LatAm in the last two quarters. Several new customers in the bus and coach industry have signed with MiX,...

MiX Telematics Limited (“MiX Telematics” or the “Company”) (NYSE: MIXT, JSE: MIX), a leading global Software-as-a-Service (“SaaS”) provider of connected fleet management solutions, today announced financial results, in accordance with accounting principles generally accepted in the United States (“GAAP”), for the third quarter of fiscal year 2023, which ended December 31, 2022. Management Commentary “As we anticipated on our 2 nd quarter earnings call, our 3 rd quarter results...

MiX Telematics Limited (JSE: MIX) (NYSE: MIXT) (“MiX Telematics” or the “Company”) , a leading global SaaS provider of connected fleet management solutions, will hold a conference call on Thursday, January 26, 2023, at 8:00 a.m. Eastern time and 3:00 p.m. South African time to discuss its financial results for the third quarter of fiscal 2023, which ended December 31, 2022. The results will be reported in a press release prior to the conference call. MiX Telematics management will host...

MiX Telematics enhances video telematics capabilities with compelling update PR Newswire BOCA RATON, Fla. and STELLENBOSCH, South Africa, Dec. 5, 2022 BOCA RATON, Fla. and STELLENBOSCH, South Africa , Dec. 5, 2022 /PRNewswire/ -- MiX Telematics (JSE: MIX, NYSE: MIXT) , a leading global SaaS provider of connected fleet management solutions, has announced an extensive update to its powerful video telematics offering. MiX Telematics has offered an integrated video and fleet telematics solution...

MiX Telematics (JSE: MIX) (NYSE: MIXT) ("MiX Telematics" or the "Company") , a leading global SaaS provider of connected fleet management solutions, will be presenting at the Raymond James 2022 Technology Investor Conference being held December 5-7, 2022, in New York, NY. MiX Telematics management is scheduled to present on Tuesday, December 6, 2022, at 9:45 a.m. Eastern time, with one-on-one meetings held throughout the event. The presentation will be broadcast live and available for replay...