IAP provider Vehicle Management Systems is no more, with the company rebadged after telematics company Ctrack takes controlling stake
March 14, 2012
Intelligent Access Program (IAP) provider Vehicle Management Systems is no more, with the company rebadged after a competitor took a controlling stake in the firm.
VMS will now be known as Ctrack after Digicore Holdings became a majority shareholder.
Transport Certification Australia, which administers the IAP, says Ctrack is an established name in Europe, Asia and Africa.
“At Ctrack we support more than 1200 customers across Australia and New Zealand, with over 600,000 of our devices and services in use globally,” Ctrack Managing Director Max Verberne says.
TCA CEO Chris Koniditsiotis says the name change will have no effect on VMS customers receiving IAP services.