# Vela acquires Samtech to expand mining fleet management solutions

Vela, parent of Datamine, acquired Latin America-based Samtech, a provider of fleet management and telematics solutions for mining. Datamine will distribute Samtech's products globally.

- Type: Acquisition
- Announced: 2024-04-15
- Where: Santiago, Chile, Chile
- Status: announced
- Products: fleet management software, telematics hardware, sensor technology
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Datamine](https://endata.com/companies/20015.md)
- [Datamine](https://endata.com/companies/20015.md) (partner)
- [Samtech](https://endata.com/companies/70822.md) (target)
- [Vela](https://endata.com/companies/77626.md) (acquirer)

## Sources

- [miningweekly.com](https://www.miningweekly.com/article/acquisition-boosts-asset-fleet-management-solutions-2024-05-24), 2024-05-24: "Samtech impressed us with their innovative sensor technologies and ability to monitor very large fleets."
- [dataminesoftware.com](https://dataminesoftware.com/datamine-expands-asset-management-solutions/), 2024-06-19: "Samtech impressed us with their innovative sensor technologies and ability to monitor very large fleets"

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