# Infobric Group acquires TelliQ AB

Infobric Group, a supplier of IT systems for the construction industry, acquired TelliQ AB, a Swedish telematics company with over 80,000 connected units and SEK 105 million in 2019 turnover, to form a fleet management company within the group.

- Type: Acquisition
- Announced: 2020-01-14
- Where: Sweden
- Status: completed
- Products: fleet management systems, telematics
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Infobric Group](https://endata.com/companies/44493.md) (acquirer)
- [TelliQ AB](https://endata.com/companies/44494.md) (target)

## Sources

- [infobric.com](https://infobric.com/press/infobric-group-acquires-telliq/), 2020-01-14: "By adding TelliQ's product portfolio, strong customer relationships and its many years of experience in developing technology to the strong position that Infobric has built up over the last 15 years, we have a solid platform for scaling up and expanding the opportunities offered by digitization to t"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.